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Local Factoring- Managing your Accounts Receivable (AR)
Factoring is a financial transaction whereby a business sells its account receivable to FINA in exchange of immediate money. As a factor, FINA not only manages sellers’ account receivable, but also takes credit risk of buyers.
Seller may transfer its account receivable into cash immediately without taking any risk from buyers.
FINA provides better financial management to both sellers and buyers.