A/R Finance & Factoring Terms GLossary

What isProduction Finance

Work in Process or WIP Financing (not to be confused with work in progress, a term used in construction or the building trade) is the portion of your inventory that is being “worked”. Because of its unsalable condition, most lenders value WIP inventory lower than raw or finished (salable) inventory. Production Financing describes the same.

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OTHER TERMS BEGINNING WITH "P"
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