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Posted on Jul 22, 2024

Why would an exporter choose to factor its receivables without recourse. It can get more money now than if it waited to collect It wants

Why would an exporter choose to factor its receivables without recourse.

It can get more money now than if it waited to collect

It wants to avoid paying taxes on the proceeds

It can use the cash to invest in the business and not wait for customer payments

It benefits the client and improves the chances of future sales

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