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Ian Johnson from DriveSuccess.com discusses the differences between financing receivables through a bank versus using asset-based financing called receivables factoring. He addresses customer inquiries regarding the comparison and analysis of these options, highlighting the benefits of factoring. An example, which is available on his website with a sample Excel spreadsheet, allows users to input variables like interest rates and invoice collection days. Johnson explains that when financing through a bank, there is a cost of capital, illustrated by a yearly interest rate of 6%, resulting in a daily interest rate of 0.0164%. The importance of understanding these rates in evaluating financing options is emphasized.