Time is a crucial resource that each business treasures and tries to change into a advantage. In choosing document management application, pay attention to a clutterless and user-friendly interface that empowers consumers. DocHub provides cutting-edge instruments to improve your document managing and transforms your PDF editing into a matter of one click. Remove Amount Field from the Factoring Agreement with DocHub in order to save a lot of efforts and boost your efficiency.
Make PDF editing an simple and easy intuitive process that will save you a lot of precious time. Effortlessly alter your files and give them for signing without adopting third-party options. Focus on pertinent tasks and improve your document 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
