The behemoth textile, garment and apparel industry comprises the lion’s share of all factoring receivables across the globe, as much as 59 percent according to a recent report by the Commercial Financing Association (CFA). This stems from a long history … Continue reading →

Accounts receivable factoring has a long history financing the apparel industry that goes back thousands and thousands of years. In fact, apparel factoring engendered the birth of invoice factoring as a viable commercial financing option. Textile loans and factoring was necessary … Continue reading →

To those who are new to factoring accounts receivables, the terms recourse and non-recourse factoring can cause some misunderstanding. Yet once you become acquainted with the different terminology, you will find that they are fairly self-explanatory.

Thus far, 2014 has proved a challenging winter even in places that are used to snow and cold such as the New York area, the Midwest, and New England. According to USA Today, harsh winter weather has also pounded many … Continue reading →

After the singing of “Auld Lang Syne,” ball dropping and much noisemaking celebration, the year 2014 is now upon us. Many of us are getting a footing in the New Year as the pace of work, business and life returns … Continue reading →

Though it has a history of use going back hundreds of years, factoring accounts receivables remains a puzzling activity to many in part because of confusion and misinformation.