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    Business A-Level

    factoring

    What factoring means in Business A-Level, as defined for AQA.

    Definition of factoring

    Check what you remember

    Read the wording for your board, then hide it and explain factoring in your own words. Rough notes are fine. This is a self-check, with no mark or grade.

    Reference: AQA

    A short-term source that turns invoices into cash straight away.
    AQA · Making financial decisions: sources of finance

    Topics that use factoring

    Related terms

    Using factoring in the exam

    Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.

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    All Business A-Level terms