Time is an important resource that every organization treasures and attempts to change in a gain. When selecting document management application, focus on a clutterless and user-friendly interface that empowers users. DocHub provides cutting-edge features to maximize your file managing and transforms your PDF editing into a matter of one click. Insert Arrow in the Accounts Receivable Purchase Agreement with DocHub to save a ton of efforts and boost your productiveness.
Make PDF editing an simple and intuitive process that saves you plenty of precious time. Easily change your documents and send them for signing without having looking at third-party options. Focus on relevant duties and enhance your file managing 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
