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How does factoring, accounts receivable funding, really work?

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How does factoring, accounts receivable funding, really work?

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Simple. Your invoices come to us and we advance you up to 90% of their total within hours. Later, when we receive full payment from your customers, you get the remaining portion minus a small discount fee for our services. (Advance rates and discount fees are based on your industry type, monthly volumes, average invoice size, and other variables).

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