FundRobot » Growth Fund » What is the difference between factoring and loan?

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Old   #1 (permalink)
 
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Default the difference between factoring and loan

Factoring and loan are two different terms. Can anyone explain the difference between these two terms?

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Old   #2 (permalink)
 
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Default the difference between factoring and loan

Factoring funding get increased with growth of your business. You Factoring funds will be increased if your customer invoices are increased. This will definitely add up to your balance sheet whereas Bank loan is a debt.
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