Quote Originally Posted by Kevin Henry View Post
Are the customers credit worthy and in friendly countries? Are the receivables insured? If so, you would be better to explore a factoring relationship. How much revenue? How much AR is outstanding? $1.5Mil facility should not be in excess of 15-18% all in.....
What do you mean by Friendly countries. Factoring deals are under UCC Jurisdiction, there are friendly countries to the UCC?