The Receivables Exchange has sometimes been compared to factoring, but it differs in a number of key respects. For one, the Exchange opens up the sale of receivables to multiple buyers in a real-time auction. Instead of going to one factor for working capital, the Exchange introduces you to several potential funding sources. Another key difference: there are no personal guarantees, all-asset liens or customer notification with the Exchange.
The Receivables Exchange vs. Invoice Factoring
Posted by eeagan under Raising CapitalFrom http://blog.receivablesxchange.com 4770 days ago
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