Fatoring Firm

Fatoring Firm


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Asked by 2 years ago
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Running Head: USE OF A FACTORING FIRM

How could the US business use a "factoring firm" to alleviate any negative consequences of currency exchange fluctuation

Use of a Factoring Firm

Use of a Factoring Firm

It is considered that a "factoring firm" that is a privately owned finance company basically tries to buys unpaid invoices on the basis of a discount in return for providing immediate cash flow to a business in the market. In this concern, the US business can use a factoring firm through receiving cash more quickly after selling its invoices/accounts receivable, to a third party commercial finance company (Callender, 2012). In this process, the US business cannot wait 30 to 60 days for a customer payment in order to alleviate the negative consequences of currency exchange...

Fatoring Firm
hemsworth

1 Answer

H
Answered by 2 years ago
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Oh Snap! This Answer is Locked

Fatoring Firm

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Excerpt from file: UseofaFactoringFirm1 RunningHead:USEOFAFACTORINGFIRM HowcouldtheUSbusinessusea"factoringfirm"toalleviateanynegativeconsequencesofcurrencyexchangefluctuation UseofaFactoringFirm UseofaFactoringFirm2 UseofaFactoringFirm Itisconsideredthatafactoringfirmthatisaprivatelyownedfinancecompany...

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Views: 21
Asked: 2 years ago

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