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 #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 […]

Have You Seen Archives

Factoring 101 Challenge: Understanding Factoring Fees and Commissions

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 […]

Business Development

New Consultants: 10 Facts You Need To Know For Your Start Up Marketing Plan

For freelance factoring brokers and commercial finance consultants, all those in the industry quickly learn that this is a business that revolves around your ability to generate quality leads for prospective future clients. It’s a […]