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In this tutorial, Ian from Eagle Business Credit discusses the ease of switching factoring companies. He emphasizes the importance of reviewing your current contract for details such as minimum volume requirements and early termination penalties. If you have a few months left on your contract, it's crucial to understand the costs associated with exiting early. Ian encourages individuals to reach out for assistance in understanding their contracts, offering guidance at no cost. He acknowledges that while moving may be possible, concerns about maintaining a steady flow of funding can create hesitation, especially when considering new partners affiliated with the International Factoring Association.
