4 ms·
This sounds a bit like Factoring to me: https://en.m.wikipedia.org/wiki/Factoring_(finance) https://en.m.wikipedia.org/wiki/Factoring_(finance) Factoring serv
by herodoturtle 6y ago
This sounds a bit like Factoring to me:
https://en.m.wikipedia.org/wiki/Factoring_(finance) https://en.m.wikipedia.org/wiki/Factoring_(finance)
Factoring service providers have been in business for a very long time. It's a good business model with win-win implications if it's done right.
- eli 6y agoI had the same thought. Actually a very old fashioned way of raising cash flow. Still commonly used in the fashion industry because the clothing maker normally doesn’t get paid until the item sells all the way through to the end customer.