including manufacturing, textiles, trucking, oilfield services, wholesale and distribution, and staffing agencies. Interestingly, factoring receivables is practiced in many countries around the world

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However, some companies in certain industries continue factoring their invoices indefinitely.An example of this is the trucking industry, which relies heavily on factoring for cash flow injections.

Generally, though, factoring companies are smaller, independently owned enterprises. Banks Step Out as Factoring Steps In Factoring has become very popular with trucking businesses because, as most

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