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What are aftercare programs? Who is least likely to benefit from such programs?
Factor Receivables
The financial practice of selling accounts receivable to a third party at a discount to immediately generate cash.
Uncollectible Accounts
Accounts receivable that are recognized as not being collectible, representing losses to the company.
Lending Institution
A financial institution that provides loans to individuals or businesses.
Gross Working Capital
The total of all current assets of a company, indicating the liquid resources available for day-to-day operations.
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