Question: What is a factor? How does the typical factor operate? Explain the advantages and the disadvantages of factoring. What kinds of businesses typically use factors?

What is a factor? How does the typical factor operate? Explain the advantages and the disadvantages of factoring. What kinds of businesses typically use factors?

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What is a factor? How does the typical factor operate? Explain the advantages and the disadvantages of factoring. What kinds of businesses typically use factors?

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