Factoring may involve interest even though it isnt a loan. How can this come about?

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Factoring may involve interest even though it isn’t a loan. How can this come about?

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Practical financial management

ISBN: 978-0324422634

5th Edition

Authors: William r. Lasher

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Question Posted: Sep 13, 2012 04:13 AM

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Factoring may involve interest even though it isnt a loan. How can this come about?

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The factor pays its customer the firm selling the receivable befo...View the full answer

Practical financial management

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