Quote Originally Posted by abfunders View Post
LQD - Aren't they just a factoring company? I'm right now trying to compete with them, actually, with a couple of banks that should be able to beat their rates.
No they offer a variety of products as far as I know - I know they offer something along the lines of term loans, with debt-equity/control of the company being held as collateral if the client defaults - dont quote me on that - just had an experience with them maybe 2 years ago where this was the case.

If they're offering factoring it's most likely brokered or white labeled - maybe I am wrong again - I know they dabble in a variety of products like I said.