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Maturity Factoring
A financing method where a business sells its invoices to a factor at a discount but receives payment only when the customer pays the invoice at maturity.
Factoring
A financial transaction where a business sells its accounts receivable to a third party at a discount to raise immediate capital.
Inventory
A company's stock of the products available for sale to customers, as well as raw materials and work-in-progress that will eventually become finished goods.
Accounts Receivable
Funds that are due to a business from its clients for goods or services already provided but not yet compensated for.
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