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In this tutorial, Ian Johnson from Drive Success discusses financing receivables through banks versus using receivables factoring, an asset-based financing solution. He addresses customer inquiries regarding comparing these options and highlights the benefits of factoring. Johnson mentions that a detailed example, including a sample Excel spreadsheet for inputting variables like interest rates and collection days, is available on his website. He explains that when financing through a bank, there’s a cost of capital, using a yearly interest rate of 6%, leading to a daily interest rate of approximately 0.0164%. The tutorial aims to clarify the financial differences and assist with analysis.