A owner is considering factoring to finace its business, explain what isit and what are the advantages and disadvantages from choosing this type of financing

Century 21 Accounting General Journal
11th Edition
ISBN:9781337680059
Author:Gilbertson
Publisher:Gilbertson
Chapter18: Acquiring Capital For Growth And Development
Section18.2: Long-term Debt Financing
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A owner is considering factoring to finace its business, explain what isit and what are the advantages and disadvantages from choosing this type of financing 

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