Time is an important resource that each enterprise treasures and attempts to change in a advantage. In choosing document management software, be aware of a clutterless and user-friendly interface that empowers users. DocHub offers cutting-edge tools to enhance your document administration and transforms your PDF editing into a matter of a single click. Hide Line in the Factoring Agreement with DocHub to save a lot of time and improve your productivity.
Make PDF editing an simple and intuitive process that will save you a lot of valuable time. Quickly adjust your files and deliver them for signing without the need of adopting third-party software. Give attention to pertinent duties and boost your document administration with DocHub right now.
hi guys ian johnson from drive success calm today were going to talk about the difference between financing your receivables through a bank and financing your receivables with an asset based financing solution called receivables factoring okay so the reason why Im doing this today is weve had a couple of customers ask me how do you do the comparison how do you do the analysis and what are the benefits to factoring so were going to do that today and this example this entire example is available on my website driving success com theres a sample Excel spreadsheet that has this very same example and you just need to input the different different variables in terms of your interest rates in the days that took the collect on the invoice okay so very quickly with a bank when you finance theyre going to charge you a cost of capital so in our case our yearly interest rate is 6% our daily interest rate is 6% divided by 365 days in a year which gives us point zero one six 4% our cost of goo
