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Invoice factoring, also is referred to as accounts receivable financing, is a valuable part of many different industries, like the food distribution industry. In the world of food distribution (equally as it's in most other industries), cash flow is a significant issue that rolling around in its extreme cases, may even sink a company. In other cases it could prevent expansion and growth, which is not a good situation to stay either. Although Michele watches simply have been known in the United States for a few years, the real history behind the corporation starts back for the 1940's. The company began with all the exquisite thinking about watchmaker Maurice Barouh in Belgium. His strong belief in quality and refinement set the company up for where it can be today.