While factoring costs more than a bank loan, says Kristin Erickson of North Mill Capital LLC, “our clients are ‘unbankable.’ They borrow from us in hopes of becoming bankable.” (Staff photo: Bill ...
In its infancy, e-commerce disappointed merchants and investors who staked millions on the notion that it would somehow change the world forever. But e-commerce has grown up, and experts say it is ...
Heritage Commerce in San Jose, Calif., has agreed to buy the parent company of factoring firm Bay View Funding in Santa Clara, Calif. The $1.5 billion-asset Heritage Commerce will pay $22.5 million in ...
In January 2022 the RBI issued regulations for the amended Factoring Regulation Act, 2011 after the Parliament had passed the Factoring Regulation (amendment) Bill in July 2021. (Image: pixabay) ...