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Factoring
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Quotation
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The
company I, a retailer of exotic wood
with a turnover of 2100 K€, has turned to
a Factoring House for its 15 biggest clients,
which account for 1500 K€ of its turnover.
For a service commission of 10 K€, the Factoring
House follows up and collects the invoices, and
covers their payment should the client default.
This service has allowed company I to reduce its
average payment time by 10 days. |
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