Factoring Explained

Factoring, receivables factoring or debtor financing, is when a company buys another company's account receivables (invoices). Essentially factoring transfers the ownership of accounts to another party that then chases up…

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Line of Credit vs. Revolving Credit

Two of the most popular flexible forms of funding for business borrowers are revolving credit and a line of credit. A lender provides access to funds—up to a certain credit limit—that a…

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