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Describe the process of factoring? When and why is it used?
Small Businesses
Companies with a small number of employees and relatively low volume of sales, often privately owned.
Business Idea
A concept that can be used for commercial purposes, typically identifying a product, service, or opportunity that can generate profit.
Full Funding
Ensuring that all necessary or projected funds are available for a program or project.
Leverage
The use of borrowed capital or debt to increase the potential return of an investment.
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