Ask Question
29 June, 12:44

Finance companies that buy receivables from businesses are called

+4
Answers (1)
  1. 29 June, 12:55
    0
    Finance companies that buy receivables from businesses are called factoring receivables. The financing organization which purchases the receivables is known as a factor. Factoring enables a business to change over its receivables promptly into money as opposed to sitting tight for due dates of installment by clients.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Finance companies that buy receivables from businesses are called ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers