NEWS AND INFORMATION
Press Releases
Coverage
Case Study
Robar
Peter Dunbar has been in the apparel business for more than 20 years. As the President and Owner of Robar, Inc, headquartered in New York City, he specializes in designing, manufacturing and importing baby apparel to well known retailers around the country like JC Penny, Sears...
ADS Wines
In 2007, Anthony Scotto III was carrying on a fifth generation legacy in the wine business as a wholesaler of wines in Pleasanton, California. He was earning a decent living, however, he wanted to grow his company – ADS Wines – largely known for selling one brand of wine, and...
Glossary
Factoring is a financial transaction whereby a business sells its accounts receivable (i.e., invoices) to a third party (called a factor) at a discount in exchange for immediate money with which to finance continued business. Factoring differs from a bank loan in three main ways. First, the emphasis is on the value of the receivables (essentially a financial asset), not the firm’s credit worthiness. Secondly, factoring is not a loan – it is the purchase of a financial asset (the receivable). Finally, a bank loan involves two parties whereas factoring involves three.