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Factoring Fundamentals Vendor Financing By Howard I Schwartz
Factoring is an efficient and reliable way of meeting capital needs of the business. It is beneficial when a business promises to have definite profits in future but faces capital deficit to get the project completed.
Factoring Fundamentals: [http://www.hjventures.com/factoring/factoring.html] Principles that govern factoring are same as those governing bank loans, credit cards and other such lending methods. The basics of factoring are divided into two main practices. When a factor purchases an estimated value of the future account receivables it is known as non-recourse factor practice. In non-recourse factoring the factor bears the bad debt risk and the business owner is requi... [ Read Article ]
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| In the News |
Business community embraces stadium
Voters in the Richmond County Democratic Party's July straw poll might have rejected the idea of a baseball stadium on the Savannah River, but downtown business owners and residents who attended a meeting with Ripken Baseball officials Thursday enthusiastically embraced it. Read More ...
Commissioners debate NCC financing
The debate over the financing for a new Tannersville campus for Northampton Community College, which has roiled Monroe County's commissioners for much of the summer, exposes two different perspectives and philosophies: one is based in trust and the other... Read More ...
GE Capital and KBZ Communications Announce Floorplan Financing Agreement for Technology Resellers
HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--GE Capital’s Commercial Distribution Finance (CDF) business announced today that it has entered into a new agreement with KBZ Communications, Inc. to provide inventory and working capital financing to resellers that want to acquire KBZ products, including Tandberg telepresence and video equipment. As a business that will lend more than $25 billion to 36 ... Read More ...
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