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Whipsaw Glossary

Currently viewing the definition of: Factoring
 
 
 When a company sells its debtors to a third party in return for cash flow. The factoring company may pay around 90% of the debtor balance. In return it will take on the risk of collecting the debt. 
 


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      National Savings offer numerous savings and investment products that are backed by the government. Products are generally low risk, focusing on steady or guaranteed returns.