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  1. #1
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    I personally work with over a dozen depending on the deal. There are so many reasons to use one factor over another. Industry, pricing, if they need out to 120 days, the way they factor (if they require all AR to go through them or not, for example), minimum volume requirements, if the client is profitable, how much the factor tolerates MCA debt to pay it off (or go after subordination), minimum credit requirements for the client, TIB, if the client has negative bank days, if they have equipment and/or inventory to qualify for a LOC rather than a regular factoring.

  2. #2
    Senior Member Reputation points: 11927 FUND3R1's Avatar
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    Quote Originally Posted by abfunders View Post
    I personally work with over a dozen depending on the deal. There are so many reasons to use one factor over another. Industry, pricing, if they need out to 120 days, the way they factor (if they require all AR to go through them or not, for example), minimum volume requirements, if the client is profitable, how much the factor tolerates MCA debt to pay it off (or go after subordination), minimum credit requirements for the client, TIB, if the client has negative bank days, if they have equipment and/or inventory to qualify for a LOC rather than a regular factoring.
    Can you point me in the right direction and name a few if you don't mind.
    FUND3R1

    "Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each. --Christopher Rice"

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