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9 Benefits of Factoring Receivables

9 Benefits of Factoring Receivables

Many people are afraid of factoring, but frequently that’s because of the stigma often attached by the banking community to this form of financing.  There actually are many very positive aspects to factoring.  See if any of these could help your business: Elimination of bad debt – a non-recourse factor will assume the risk of ... Read More
 
What Do You Do When the Bank Won’t Finance Your Business?

What Do You Do When the Bank Won’t Finance Your Business?

Accounts Receivable Factoring Factoring may not be the world’s oldest profession, but not far from it. This financial practice can be traced back to theRoman Empire. Factoring was the dominant form of finance in the American colonies before the Revolution (mainly textile firms). Over the past few decades, consolidation has created two distinct types of ... Read More