JOURNAL ARTICLE
FACTORING.
Published In: ABF Journal, 2024, v. 22, n. 4. P. 40 1 of 2
Database: Business Source Ultimate 2 of 2
Abstract
In 2024, factoring emerged as a reliable financing option for businesses navigating economic uncertainty, with small and mid-sized enterprises in manufacturing, retail, and logistics turning to factoring to manage cash flow. Technology played a key role in streamlining processes, while non-recourse factoring gained popularity for risk mitigation. Environmental, social, and governance (ESG) considerations also influenced factoring decisions, with some providers favoring sustainable companies. The article highlights a $20 million factoring facility provided by eCapital to a transportation company, showcasing the benefits of tailored financing solutions for business expansion and liquidity support. [Extracted from the article]
Additional Information
- Source:ABF Journal. 2024/10, Vol. 22, Issue 4, p40
- Document Type:Article
- Subject Area:Business and Management
- Publication Date:2024
- ISSN:2326-1293
- Accession Number:181999072
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