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 ...

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 ...

Q: We’ve been approached by a “factoring” firm-they’re offering to buy our accounts receivable. What should we be watching out for? A: Commercial factors have long provided financing to big and small ...

Owners of small or medium-sized businesses (SMBs) that find themselves in immediate need of cash to pay suppliers or staff, to take advantage of a business opportunity, or to simply to stay afloat ...

Invoice factoring has had a bad rap in the past, but the industry is growing and financiers are promoting it as a way for small businesses to get cash in hand fast. Factoring, or invoice financing as ...