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Enterprises seeking to attract factoring services should have strong and consistent cash flow, as this reassures factors of their ability to repay advances. Additionally, a diverse and stable customer base can mitigate risk for factors, making the enterprise more appealing. Transparent financial records and a solid credit history also play crucial roles in attracting factoring services, as they demonstrate reliability and reduce perceived risk for the factor. Lastly, a clear understanding of the factoring process and its benefits can enhance the enterprise's ability to negotiate favorable terms.

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2mo ago

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