What is Factoring? | How Does Factoring Work? | What Businesses Benefit From Factoring? | How Does Factoring Differ From a Bank Loan? | What Are The Costs & Benefits of Factoring? | How Do I Get Started? | Glossary of Terms GLOSSARY OF TERMS Accounts Receivable - An amount owed by a customer by the act of granting short term unsecured credit in lieu of cash for goods or services. Considered a liquid asset on the balance sheet and generally expected to be paid in less than ninety days.

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