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 ...
Say you're a young startup--growing fast, but with little-to-zero positive cash flow--and you're straining to reach the next level or just to get through the end of the month. The bank-financing ...