Discover the various costs associated with factoring accounts receivable and their financial impact on your business. This article goes beyond just listing fees; it dives into how these costs can affect cash flow, profitability, and overall business performance. Learn what to expect when factoring, from service charges to discount rates, and get tips on budgeting for these fees. By understanding the financial implications, business owners can make informed choices about whether factoring is the right strategy for improving cash flow and meeting their financial objectives.
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