Question
How does factoring differ from bill discounting as a
method of financing for MSMEs?Solution
Factoring is a process in which MSMEs sell their accounts receivable (invoices) to a third party (factor) in exchange for immediate cash. Bill discounting , on the other hand, is when an MSME obtains a short-term loan by pledging their receivables, without selling them outright.
In the following question, find which one word cannot be made from the letters of the given word “TRANSGENDER”
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...