07-08-2021, 05:42 PM
<p> If I'm not mistaken, bank factoring differs from the usual process in that the banks require several additional obligations from the client. For example, opening an account at the same bank or a pledge, which in principle contradicts the nature of factoring. In addition, the term of consideration of an application for factoring and the package of documents is longer at the bank than in the factoring company, because you have to go through the application review procedure at the bank's credit committee, in addition, with small amounts, not every bank will work. The uniqueness of <a href="https://factorforyou.com/staffing-factoring-companies/">staffing factoring</a> is not at your expense, but the company can increase the delay of payment to buyers and push away their competitors. </p>