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In this tutorial, Ian Johnson from Drive Success discusses the differences between financing receivables through a bank and using receivables factoring, a form of asset-based financing. The session addresses customer inquiries on how to compare these financing options and highlights the benefits of factoring. An Excel spreadsheet with a sample example is available on the Drive Success website, allowing users to input variables such as interest rates and collection days. Johnson explains that banks charge a cost of capital; in his example, the yearly interest rate is 6%, yielding a daily interest rate of approximately 0.0164%. The tutorial aims to clarify the analysis involved in choosing between these financing methods.