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Answer Posted / surya
Factoring means we are surrendering our debtors to a third
party for some immediate realization of money. The factoring
agency will take care about the realization of debtors. But
immediately we(company) will receive certain amount(not full
amount of debtors) against the debtors.
Where as leasing can be done against the assets. There are 2
types of lease. Operating lease and finance lease.
| Is This Answer Correct ? | 37 Yes | 7 No |
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