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10/23/2019

How the most dynamic form of asset-based lending could work for you

If you’re focused on adapting to changes in the consumer product and manufacturing industries in these uncertain times, factoring might be the key.

The factoring model

Factoring is a natural expansion of the traditional bank asset-based lending (ABL) product, where the borrower receives superior liquidity and outsourced accounts-receivable (AR) management services – all at a fraction of the cost of managing receivable functions internally. By selling your AR to your factoring provider, you can unlock significant growth potential through selling sizeable and risky portfolios. This can be done on an ongoing basis or in bulk at key points in your fiscal year.


Looking forward

Be sure to choose an industry leader in the factoring space that can help as you search for dynamic liquidity, flexibility and balance sheet presentation for your company.

These benefits aren’t the only gains to be made from outsourcing your AR management. It can also help as you look to avoid bad debt losses and focus on what you’re best at: serving your customers.

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