Trade finance is a critical tool in supporting global trade for both buyers and sellers, particularly smaller businesses. Yet these financing products aren’t without their risks and drawbacks, and today, criticism continues to mount for certain invoice financing tactics in particular. High-profile corporate collapses and...
Factoring company 1st Commercial Credit is integrating a receivables financing solution into its platform for trucking companies. In a press release Wednesday (April 3), 1st Commercial Credit said it is rolling out the newest version of its MyBizPad software, which adds an accounts receivable factoring...
