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Thought provoking write-ups for the Factoring industry.
Factoring is an exciting and lucrative industry. It’s also a risky one. Being defrauded or failing to collect on one large invoice could wipe out an entire year’s profits. Here are four top tips for factors to consider regarding reducing fraud and loss.
Factoring is gaining in popularity, and a lot of enterprising folks are jumping into the industry and starting their own factoring companies. We’ve gathered 15 top tips for startup factors, which we’ll be publishing in this four-part series. First up, tips for new factoring company operations.
Can your existing team handle more transactions without increasing the amount of time they spend processing deals, or their level of stress? It sounds too good to be true, but with the right software, this utopia can be reached.