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What Is a First-Mover Advantage

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What is a first-mover advantage?


Definitions:

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount for immediate cash.

Debt Capital

Funds borrowed by businesses to finance their operations or growth, which must be repaid to lenders with interest.

Equity Capital

Funds that are raised by a company in exchange for a share of ownership in the company.

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.

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