What is the difference between a client and a customer?

A client is the company that signs the agreement with the factor and provides the goods or services. A customer is the company that buys goods or services from the client.

Factors purchase accounts receivable from the client. The accounts receivable represent the amount owed by the customer to the client for goods and services provided.

2017-01-15T15:26:00-08:00 0 Comments

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