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Terms include sale and purchase of accounts receivables, purchase method.
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What Is Invoice Discounting And How You Can Benefit From It!
For example, you may wish to keep the fact that you are borrowing money against customer debt confidential, in which case the lender's name will not be included on your invoices. Under 'bill discounting' method, a customer of the bank presents the bills or invoices (bills of exchange) to the bank for discounting i.e. advance selling of a bill. THIS AGREEMENT IS MADE ON: the last date shown for the signatures of the parties. at the end of this document.
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