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What does factoring mean?

Updated: 4/28/2022
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15y ago

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Invoice factoring is technically not a loan. a third party, called factor, purchases a business’ invoices at a discount giving the business owner get access to a percent of that invoice now, as opposed to waiting for the invoice or purchase orderto be paid. The balance, minus the set fees are then paid to the business owner once the factor has controlled payment from the business’ customers.

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7y ago
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6y ago

A factor = a number which can be dividedinto a given number with no remainder.

Factor, as a verb, means to break a number or term down into smaller component parts.
A factor is a circumstance, fact, or influence to a result or outcome. In math, a factor is a number or quantity that when multiplied produces a given number or expression.
A factor = a number which can be divided into a given number with no remainder.
A factor = a number which can be divided into a given number with no remainder.

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15y ago

Factoring is the process used to find the whole numbers by which a given number may be divided without remainder.

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7y ago

Mathematics. To resolve into factors.

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11y ago

In mathematics, a factor is number or quantity that when multiplied with another produces a given number or expression.

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8y ago

"Factores" is the Spanish word for "factors."

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10y ago

A factor is a number or algebraic expression by which another is exactly divisible.

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Anonymous

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3y ago

factors

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Credit Factoring is where a business sells its invoices to a third party at a discount. In credit factoring, the third party buying the invoices is called the factor.


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The licensing that is required for factoring business in the US is the factoring license.


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