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Bank Factoring
Bank factoring is offered at most banks
nationwide. There are a few key points you
should know about bank factoring. Banks never
embraced the concept of financing accounts
receivable. Banks tend to lean towards more of a
loan process instead using factoring.
Banks tend to do this because the idea of
“intangible” assets such as an account cannot be
touched even though it has a real value. Banks
prefer inventory, machinery, or real estate as
an asset. Normally banks require a tangible
asset for any amount of lending against a
receivable account. Compare Free Multiple Quotes
today!
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