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Save Factoring Agreement in PPR

Save Factoring Agreement in PPR

Aug 6th, 2022

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How to Save Factoring Agreement in PPR

4.7 out of 5

47 votes

Factoring is a financial solution for business owners to obtain working capital and ensure timely payments. For instance, if a furniture manufacturer fulfills a large order for tables and issues an invoice, they often face a cash flow delay, as retailers may take 30 to 90 days to pay. This creates a need for immediate cash to cover raw material purchases and payroll. A factoring company helps by assessing the creditworthiness of the retailer and managing payment collections, allowing the manufacturer to focus on production and restocking without worrying about delayed payments.

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