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 Glossary

What is Factoring? Recourse v. Non-Recourse Factoring Purchase Order Financing Invoice Factoring: Who is it For?

Construction Factoring Freight Bill Factoring Health Care Provider and Medical Factoring Other Factor Services Meeting The Cash Flow Challenges of a Start Up Business What Invoice Factoring Can Do For Your Manufacturing Company Import and Export Factoring: Factoring Invoices from Overseas Customers Accounts Receivable Financing and Increased Profits for Your Business Choosing the Right Factoring Partner for You

Benefits of Factoring The Cost of Factoring

Frequently Asked Questions

What is a Structured Settlement? Annuity vs. Lump Sum

Glossary Term G – Best Invoice Factoring

Invoice Factoring Glossary by Alpha
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Generally Accepted Accounting Principles (GAAP)
Authoritative guidelines that establish and govern accounting procedures and practices at a particular time.

Generally Accepted Auditing Standards (GAAS)
Standards established by the AICPA that govern the procedures and practices of audits.

Going Concern
The liklihood that a company will have a continuing existence for the foreseeable future.

Goodwill
An intangible asset that exists when a business is valued at more than the fair market value of its net assets, usually due to strategic location, reputation, good customer relations, or similar factors; equal to the excess of the purchase price over the fair market value of the net assets purchased.

Guaranteed Sales
Sales that allow the return of merchandise purchased at the customer's discretion.


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