【答案解析】① Customer places order on tile Client. ② Factor fixes customer sub limit. ③ Client delivers goods and invoice to customer with notice to pay Factor. ④ Client tenders copy of invoice to factor. ⑤ Factor makes payment up to 80% of the invoice value. ⑥ Factor sends monthly statements to customers. ⑦ Factor follows up if unpaid by due date. ⑧ Customer makes payment to Factor. ⑨ Factor releases balance amount to the Client.