Blog Articles and Comments

Factoring versus Bank Financing – Advance Rates

Robyn Barrett - Friday, January 22, 2010

Factors can be more creative than traditional, regulated bank lenders in finding ways to make a difficult funding work. Factors may also be able to offer better advance rates on factored accounts than the client’s existing bank. This may be because the bank: is less familiar with a client’s industry; adverse to risk; treats more accounts as ineligible; and requires greater reserves in calculating the bank’s borrowing base and lending limits. 

If your bank isn’t getting to the advance rate you need, come talk to us. www.factors-southwest.com

Comments
Post has no comments.
Post a Comment




Captcha Image

Trackback Link
http://www.factors-southwest.com/BlogRetrieve.aspx?BlogID=1774&PostID=115043&A=Trackback
Trackbacks
Post has no trackbacks.

Home  |  Contact  |  The Factoring Process  |  Why Factoring  |  Getting Started
Lawrence/FSW Funding  |  Referrals  |  About FSW  |  Press  |  Blog

Website Designed by Graphique  -  Copyright © Factors Southwest.  -  All Rights Reserved.