[CodeWriter23]

Factoring is a method of financing your business, say to buy raw materials to produce finished goods for sale. They want access to your receivables to make sure they are repaid. What the GP is referring to is a collection agency, where you sell a debt to them for $.10-$.30 on the dollar and they have all the rights to collect.

[az123zaz]

I ended up going with a no fee unless you win agency that keeps 35% of what they collect. Honestly, that seemed pretty fair to me.

I haven't seen results yet.