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Factoring dates to the Middle Ages and while it has evolved over the centuries, it remains a solid financing solution for businesses in need of a creative financing solution.
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Factoring is like a three-legged stool. If the legs are uneven, it becomes unstable. A solid human capital platform is therefore, worth its weight in gold.
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September 24, 2014, 07:00 AM
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Recently ABL Advisor spent time with Jon Lucas, president of CIT Commercial Services to ascertain his view of the dynamics at play in today’s landscape.
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With all the issues the factoring industry has faced since the financial meltdown, it has come out stronger and more efficient.
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Tom Siska admits he’s never had a prospect marvel at how inexpensive factoring is. But that’s hardly a concern for this industry veteran. Here Siska flips the paradigm with regard to objections voiced over the cost of factoring.
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