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Closing Costs

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Closing Costs are the fees and expenses that both buyers and sellers incur during the final stages of a real estate transaction when the title to the property is transferred…
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Cash Advance

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A Cash Advance is a short-term loan or advance provided by a lender, typically a credit card company, payday lender, or a merchant cash advance provider, that allows borrowers to…
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Bad Debt

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Bad Debt refers to an amount of money owed to a business or individual that is unlikely to be recovered, typically because the debtor is unable or unwilling to pay.…
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Advance Rate

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Advance Rate is a term commonly used in finance, particularly in lending and factoring arrangements. It refers to the percentage of the value of collateral (such as accounts receivable, inventory,…
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Advance

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In finance, an advance refers to a sum of money provided upfront before it's due or earned, often with the expectation of repayment or deduction from a future income source.…
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Accounts Receivable Factoring

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Accounts Receivable Factoring is a financial transaction in which a company sells its outstanding invoices (accounts receivable) to a third-party financial institution, known as a factor, at a discount. This…
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Customer

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A Customer is an individual, business, or entity that purchases goods, services, or products from a seller, company, or provider in exchange for money or other valuable considerations. Customers are…
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Freight Factoring

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Freight Factoring is a financial service that allows trucking companies and other transportation businesses to improve their cash flow by selling their unpaid freight invoices (accounts receivable) to a factoring…
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