Many firms offer factoring services whereby firms can increase liquidity of their accounts receivable, essentially selling them for cash.

TO DO

Factoring

What is Factoring?

http://guides.wsj.com/small-business/funding/how-to-use-factoring-for-cash-flow/

http://www.rtsfinancial.com/guides/what-factoring?pgnc=1

http://www.accountingtools.com/factoring-arrangements

https://www.irs.gov/Businesses/Factoring-of-Receivables-Audit-Techniques-Guide

Bank Financing vs. Receivables Factoring

Ian Johnson

https://youtu.be/Lu16E6BvvDE

Understanding the Difference Between Invoice Factoring and Invoice Financing

Fundera

https://www.fundera.com/business-loans/invoice-financing#!

https://youtu.be/HZtQgiFjwoE

Accounts Receivable Turnover Ratio Calculated (With Factoring Accounts Receivable)

Allen Mursau

https://youtu.be/QUOfnVcIF7U

Accounts Receivable Factoring With Recourse Versus Without Recourse On Sale

Allen Mursau

https://youtu.be/YsPVNRqG_Es

Collection Call Best Practices | Accounts Receivable Best Practices

e2b teknologies

https://youtu.be/91IxsVfJe6Q

Fundera Blog - Factoring Companies to Consider

https://www.fundera.com/blog/2015/03/13/the-4-best-factoring-companies-for-your-business-to-consider/

Winston Financial Group, Inc.

http://www.winfin.com

Your assignment is to explore these resources and to answer questions:

1. How does the process of factoring work?

2. What would be the impact on the company you wrote your research paper on if they began to use some form of factoring for all or some receivables? or how does factoring they already use help them?

3.  What did you learn about factoring this week that you may find useful for business, academic or career purposes?

You are expected to make your own contribution in a main topic as well as respond with value added comments to at least two of your classmates as well as to your instructor.