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Receivables Financing
A form of financing where a company uses its accounts receivable as collateral to obtain a loan or advance, improving cash flow.
Variable Cost Per Unit
The cost that varies with the level of output or production, such as materials and labor, calculated on a per unit basis.
Monthly Interest Rate
Monthly interest rate refers to the percentage of interest that is charged or earned on a loan or investment for each month.
Net 30 Policy
A payment term that indicates the buyer must pay the full amount due within 30 days of the invoice date.
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