FACTORING BROKER OPPORTUNITIES

Throughout the world, accounts receivable factoring is one of the most popular methods of financing the growth of B2B small business that invoice for their sales. Just like banks that use loan officers to seek out new clients, factors employ loan officers called BDOs to source customers for the firm. Unlike banks, however, factors also utilize trained independent brokers (freelancers) that help small business owners access the capital they require by referring them to a factor.