The Statement of Cash Flows is a key financial document that summarizes the amount of cash and cash equivalents entering and leaving a company over a specific period. It is…
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The Federal Reserve Beige Book, officially known as the "Summary of Commentary on Current Economic Conditions," is a report published by the Federal Reserve Board eight times a year. The…
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Contract factoring, also known as whole ledger factoring or full-service factoring, is a financial arrangement in which a business sells all or a significant portion of its accounts receivable to…
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Spot factoring, also known as single-invoice factoring or selective factoring, is a financial arrangement where a business sells individual invoices to a factoring company rather than factoring all of its…
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A credit management (service) fee in invoice factoring is a charge imposed by a factoring company for providing credit management services. These services typically include assessing the creditworthiness of the…
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Servicing fees in invoice factoring refer to the charges imposed by a factoring company for managing and administering the factored invoices. These fees cover a range of services provided by…
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An early termination fee in invoice factoring is a charge imposed by a factoring company when a business decides to end their factoring agreement before the agreed-upon term has expired.…
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A buyout fee in invoice factoring refers to a charge imposed by a factoring company when a business decides to terminate their factoring agreement and repurchase their outstanding factored invoices.…
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