Time is a crucial resource that each company treasures and tries to convert in a gain. When selecting document management software program, pay attention to a clutterless and user-friendly interface that empowers customers. DocHub delivers cutting-edge features to optimize your file managing and transforms your PDF file editing into a matter of one click. Insert Electronic Signature from the Accounts Receivable Financing Agreement with DocHub to save a lot of time as well as improve your productiveness.
Make PDF file editing an easy and intuitive process that helps save you a lot of valuable time. Effortlessly change your files and give them for signing without switching to third-party options. Give attention to relevant tasks and increase 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