If a small business cannot, for whatever reason, access a traditional working capital loan at a local bank, that business owner will need to seek out non-traditional capital sources or close its doors. For those […]
One of the primary characteristics of factoring and what differentiates this unique method of business finance from traditional bank financing is that it is never structured as a typical loan, but is rather a purchase and sale form […]
Their are two major types of factoring. These are Maturity Factoring and Advance Factoring or California Factoring. Though California factoring originally tended to focus on small, entrepreneurial startups, that has changed over the years. Today, it is not unusual to find this […]
Qualifying a prospective client for submission to a factor is generally easy. As long as your prospect operates B2B and is invoicing, that is prospect that should be submitted. Remember, unlike banks and lenders that […]
Commissions, Earnings, and Income Potential Without question, the feature that draws most entrepreneurial self-starters to the factoring industry is the very unique (and lucrative) method that factors employ to compensate independent brokers for their business […]
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