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Factoring is quicker than traditional bank loans. Since most of the accounts receivable factoring lines are in a position to be set up, approved and actively funded within a matter of few weeks, you can
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1 million tied up in receivables! The Problem with Bank Loans When any business confronts a cash flow crisis their first port of call is usually a bank or other commercial lender, and a Line of Credit
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Factoring is quicker than traditional bank loans. Since most of the accounts receivable factoring lines are in a position to be set up, approved and actively funded within a matter of few weeks, you can
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Factoring is quicker than traditional bank loans. Since most of the accounts receivable factoring lines are in a position to be set up, approved and actively funded within a matter of few weeks, you can
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1 million tied up in receivables! The Problem with Bank Loans When any business confronts a cash flow crisis their first port of call is usually a bank or other commercial lender, and a Line of Credit
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He just finished paying off the small bank loan for installing satellite radio in the trucks for the guys. But was factoring the answer? There was a lot he didn’t understand about the process. It
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He just finished paying off the small bank loan for installing satellite radio in the trucks for the guys. But was factoring the answer? There was a lot he didn’t understand about the process. It
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four out of five companies are refused bank loans), while others find the whole process too discouraging. Another possible issue with working with traditional factoring companies is that some of these
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Mr. Paul thought of going to bank and apply for a loan but was denied. “Maybe because I had a bad personal credit...haha” Mr. Paul thought of declaring bankruptcy because of the stress that he never
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Receivable factoring is much better than trying to take a loan out from the bank. Banks charge interest on any type of loan, and although there is usually collateral, it can put you in even more debt