The History of Factoring

The History of Factoring

The History of Factoring Factoring is an ancient function that dates back to Babylonian times. The Babylonian Code of Hammurabi, which covered certain trade practices of merchants’ agents who guaranteed trade credits, was the earliest recorded example of...
Young Companies and Working Capital

Young Companies and Working Capital

Young Companies and Working Capital An often overlooked issue confronting young companies is that of having sufficient working capital. The entrepreneurs who start up these companies pour their hearts, souls, and often, life savings into getting the enterprise off the...