Factoring Explained | Recourse vs Non-recourse, Journal Entries for Beginners
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Factoring Explained | Recourse vs Non-recourse, Journal Entries for Beginners
What is factoring and why do companies use it? In this beginner friendly video, we show how businesses turn accounts receivable into immediate cash by selling or pledging invoices to a factor. You will learn the parts of a factoring deal, recourse vs non-recourse, and the journal entries. You will learn: What factoring is and common use cases ...
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