Is Factoring Expensive?
The price a company pays for factoring its Receivables is dependent on a number of characteristics relating to the business entity itself and is also a reflection of the general level of risk attached to the Factoring Industry itself. It is a well-known adage that the greater the risk, the greater the reward, so let us review all the issues that impact the final rate any client will pay.Working Capital putting America Back to Work
Aberdeen Funding is pleased to announce the establishment of a $500,000 Factoring facility for a company producing product for the High-Tech consumer market. Aberdeen was pleased to coordinate the arrangement of an accompanying Purchase Order Financing facility to allow for the production and importation of significant numbers of these devices. These joint facilities will allow for the easy satisfaction of increasing demand for this product from retailers nationwide particularly in time for the Holiday shopping season.