Invoice Factoring Growth Up to the 21st Century

The history of invoice factoring goes way back to the times of King Hammurabi of Mesopotamia, over 4000 years ago. It has been playing an active role in business finance since then.  From medieval businessmen to English colonists   and from garment textile industries to transportation industries    invoice factoring has a long history.

Today, with some banks limiting loans to small businesses, invoice factoring has emerged as an increasingly  popular means of alternative finance. Since factoring advances money on Read More

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