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Fitch Sounds Warning On Corporate Debt Loophole Of Trade Finance

PYMNTS

According to the analytics firm, there is a trade finance-related corporate accounting loophole that may be widespread in the U.S. Also known as reverse factoring, supply chain financing enables businesses to sell unpaid invoices once they are approved by a corporate buyer. Defunct U.K. Defunct U.K. A survey of 337 U.S.

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