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what is difeerence between factoring and leasing?

Answer Posted / nitin

Factoring means give liquid assets - receivables - of a
compasny to a financial institution for maintaining on
proper way of collection and maintain good outstanding
position.

and Leasing to give a fixed assets to a leasee company for
using it for a pre decided period.

Is This Answer Correct ?    16 Yes 2 No



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