Thanks to Unpredictable Cash Flow - Factoring Companies Excel
In order to choose the appropriate factoring company
, ask them how much experience they have and find out if any fees are being charged aside from the discount fee such as application fees, set-up, loan origination, administrative or maintenance fees. Ask if there any penalties? Does the factor charge of extra services such as providing credit services to your new customers? You should find out about the factoring company's reporting structure? Get some referrals from colleagues, suppliers, customers, CPA's, attorneys, or bankers that you can call as good referral sources for a reputable factor.
Thanks to Unpredictable Cash Flow - Factoring Companies Excel
By: Kristin Gabriel
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