In a typical factoring arrangement, it is the provider of services or goods that will be the party that contacts and reaches out to a factor to purchase it’s invoices. In factoring terminology, that is […]
Most new factoring brokers and business finance consultants start their new ventures solo, managing all various tasks of setting up, launching, and operating their new enterprise by themselves. For most, this is usually a 180 […]
Although the factor’s purchase of the invoices through payment and assignment provides rights to collection, there exists another problem. What is to prevent a business owner from securing a loan from a bank or traditional […]
Very few (if any) individuals entering the business development side of the factoring / asset-based finance industry, are prepared to do so successfully from day one. Real success as a factoring broker requires a unique […]
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