Factoring can help companies improve their short-term cash needs by selling their receivables in return for an injection of cash from the factoring company. The practice is also known as factoring ...
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Barclays to sell $1.1B of credit-card receivables to BlackstoneBarclays (NYSE:BCS) has agreed to offload about $1.1B of credit card debt in the U.S. to Blackstone (NYSE:BX), the companies said on Tuesday, in a move that's expected to free up space on the U.K ...
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