5 Methods Of Canadian Business Financing In Canada . Which Finance Companies Are For You?
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One of the newer methods, relatively speaking, that Canadian firms use to invest in growth may be the selling of the receivables while they generate sales. This form of financing goes within number of names: receivable financing, invoice discounting, factoring, etc. By employing this process of finance they immediately generate typically 90% of any sale into direct cash, using the other ten per cent, less financing costs, visiting them when their client pays.
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