>Is factoring a new type of financial product?

Is factoring a new type of financial product?

No, not at all! Factoring or AR financing, can be traced as far back as the Code of Hammurabi in 1,754 B.C. It’s the purchasing of commercial paper, invoices, receivables, trade acceptances and contract rights.

2016-06-02T04:02:59-07:00 0 Comments

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