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Factoring services are useful, if it is necessary to increase your company’s working assets, expand your product market and reduce invoice administration costs to improve your company’s operations. Such services are mainly chosen by wholesalers and producers to avoid the freezing of working assets and to improve cashflow.
You may apply for factoring or receive advice at any Citadele branch throughout Latvia. To do this you must fill out a factoring application form, visit a Citadele branch and present the following documents:
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