What are factoring services?

1 Answer

Answer :

answer:It’s when you use your receivable as collateral for a loan. You show you’re owed $1 million, some aged, some less than 60 days, and the lender evaluates the credit worthiness of those who you money and how much of the aged receivables you’ll eventually get. And then they lend you money based on the evaluation.

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Last Answer : In the current economy, more and more businesses are interested in fast cash. If you have a really good understanding of the financial markets, then factoring would be a good way to go. Only a person with experience in finance should consider it.

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Description : Without factoring in tuition costs, what would be (or would have been) your "Dream" college to attend?

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Description : Advantages of Accounts Receivable Factoring?

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Description : How can I learn good techniques on accounts receivable factoring?

Last Answer : If you are looking to learn good techniques, you may consider finding a company who has a mentoring program for their factoring services. While the pay might be poor to nil, the experience that you ... being mentored could teach you many good techniques that you will use for the rest of your career.

Description : Where can I find a list of invoice factoring companies in the Long Island, NY area?

Last Answer : Platinum funding group specializes in invoice factoring and they have locations in New York where you can talk with them. To find a location just contact them, http://www.platinumfundinggroup.com/

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