The business or organization that owes money on an invoice purchased by the factor; i.e. the client's customers, also known as account debtors.
Other terms explained in the Business Loans Glossary
Business Loans Glossary: Customer
Business Loans Glossary: Customer
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Article Id: 60 - Version: 3 - Created: 25-02-2008 - Last Updated: 26-03-2008 - Hits: 260
Categories: Glossary
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