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Factoring / Invoice Discounting Understanding factoring transactions. Questions and answers regarding this popular asset-based finance tool.

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Old 01-25-2010
WheelerMary WheelerMary is offline
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Join Date: Apr 2009
Location: Eugene, OR
Posts: 79
Red face Entrepreneur Magazine

This months Entrepreneur Magazine has an article this month and it brings up factoring. Factoring is not painted in a positive light. However the article does not list lots of other options of what you can do when the bank pulls your line of credit.

"What to do when the bank pulls your line of credit by Julie Bennett"
February 2010

Part of our job is to help people realize that if it keeps your businesses doors open it's a good thing.........

Nothing of nothing is nothing. Your out of business.
A little less profit is still a lot more than nothing. Your still in business and can potentially catch the upswing that is coming.
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