How to do Business with a Factor

April 7, 2008

The year 2008 is shaping up to be a record-setting one for the
asset-based lending and factoring space. Sheldon Kaye, executive vice
president, Rosenthal & Rosenthal, explains when a business should
consider doing business with a factor and exactly what factors consider
when lending money pegged to assets instead of to the quality of a
balance sheet.

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This is a subject of

This is a subject of research and analysis of many professionals and institutions. It is very possible that we cannot expect to have an person with all characteristics that make them successful.

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Raising equity finance is demanding, costly and time consuming. Your business may suffer as you devote time to the deal.

I work with was able to free

I work with was able to free up $500 million in cash by reducing the inventory required to run its supply chain by more than 30 percent -- even while improving customer service. Another saw a similar cash flow benefit by focusing on AP.
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