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Articles
Plain explanations of how factoring works and how it compares with the other ways of funding a business. No sales pitch, and nothing here is specific to a MyFactor account.
Factoring vs. a bank loan
One creates a debt. The other sells something you already own. That single difference decides who gets approved, how fast, and what it does to your balance sheet.
Factoring vs. a line of credit
A line of credit is a limit somebody set once. Factoring tracks what you actually invoiced. The gap between those two shows up exactly when you grow.
Ask what your rate would be
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