Export factoring is a business-to-business financial arrangement where a company sells its bills or invoices to a specialised institution known as a factor.
This element gives the company instant cash, helping in efficient working capital management. In exchange, the factor is in charge of obtaining payment from clients that owe the company money. It makes it possible for companies to maintain a consistent cash flow, which is essential while awaiting payments from clients that are based abroad.
In this blog post, we will discuss how businesses can improve working capital with export factoring solutions. Before businesses learn more about this, it’s important to first understand almost everything related to this factoring.
Read more : https://medium.com/@m1nxt/improve-working-capital-with-export-factoring-solutions-30474e1c68af
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