This article appeared in the Banking & Finance Quarterly Special Report published on 3/18/14 by labusinessjournal.com and was by staff reporter, Howard Fine. Factoring is one of the oldest forms of finance. The ancient Babylonians and Romans used factors. The word … [Read more...]
Tips For A Smooth Factoring Application
Every day business owners juggle the cash flow demands of their companies. More than ever, they are turning to invoice factoring companies such as Capitol National Factors Company, LLC as a trusted solution, even when banks decline loans and credit lines. If you are considering accounts receivable … [Read more...]
How Factoring Works
When a business needs cash but is unable to qualify for a traditional bank loan, doesn’t want to borrow money, and/or wants credit-protection against bad debts, it can turn to invoice factoring. Rather than pledging accounts as security for a bank loan, as in asset-based financing in the form of … [Read more...]