Catch All
Seven (7) Part Crash Course Challenge
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Year: 2023
Factoring 101 Challenge
Factoring 101 Challenge #1: What is Factoring?
Factoring is just one of the many methods and types of business finance used throughout the world. While virtually everyone is familiar with the concept of “getting a business loan”, when it comes to factoring, […]
Factoring 101 Challenge
Factoring 101 Challenge #2: Why Would a Business Employ Factoring?
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 […]
Factoring 101 Challenge
Factoring 101 Challenge #5: Learning Types and Styles of Factoring
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 […]
Factoring 101 Challenge
Factoring 101 Challenge #6: Qualifying a New Client
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 […]