Business Loans Glossary: Notification

Business Loans Glossary: Notification

Process whereby the factor lets an account debtor (your client's customer) know that an invoice(s) has been purchased from your client, and that the debtor is to pay the factor directly.




Other terms explained in the Business Loans Glossary

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Main Page Article Id: 106 - Version: 3 - Created: 26-02-2008 - Last Updated: 26-03-2008 - Hits: 426   
Categories: Glossary

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