While factoring costs more than a bank loan, says Kristin Erickson of North Mill Capital LLC, “our clients are ‘unbankable.’ They borrow from us in hopes of becoming bankable.” (Staff photo: Bill ...
Since Overdrive’s last feature on the wide world of load-invoice factoring, the practice of outsourcing receivables in exchange for a fee has grown, as have similar quick-pay services. In 2010, when ...
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