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...]
Growth Factors
This article appeared in the Banking & Finance Quarterly Special Report published on 3/18/14 by labusinessjournal.com and was by staff reporter, James Rufus Koren. As banks tightened lines of credit, more companies turned to high-cost, short-term lenders. Timothy Nelligan was in a … [Read more...]
Finding Clients Who’ve Never Heard of Factoring
This article appeared in the Banking & Finance Quarterly Special Report published on 3/18/14 by labusinessjournal.com and was by staff reporter, James Rufus Koren. Search for “factoring” on Google and you won’t find much about CIT Group Inc. or Wells Fargo Capital … [Read more...]
Factoring Spreads from its Traditional Industries
This article appeared in the Banking & Finance Quarterly Special Report published on 3/18/14 by labusinessjournal.com and was by staff reporter, Bethany Firnhaber. Factoring is a well-worn form of financing in the apparel manufacturing world and most companies accept the … [Read more...]
How Recourse and Non Recourse Factoring Compare
If you plan on selling invoices it is important to know whether the funding proposal is for “recourse” or “non-recourse” factoring. Here is an overview of both methods. … [Read more...]