Factoring Small Receivables, Sixth Edition

Clearly written in a simple and engaging style, Factoring Small Receivables has become the standard reference on this subject. With this edition taking its place as Book 2 of the Small Factor Series, here is the step-by-step manual that provides documents, instructions, and insights needed to run a small factoring operation on a day-to-day basis.

The new and revised 6th edition shows the aspiring factor how to start a small factoring business, how to find, qualify and work with clients, and how to avoid common errors and limit risk. A sample factoring transaction puts it all together, step-by-step. There are now 21 chapters and over 400 pages in this manual.

Three new chapters are added in the 6th edition, which include a how-to chapter on bookkeeping, an explanation of UCCs, and Factoring and the USA Patriot Act. There are over 100 pages more than the previous edition, and updates in nearly every chapter throughout the book.

With common sense directions and first-person experiences adding "been there" flavor to each page, the reader will learn how factoring small receivables can be a lucrative and enjoyable full-time business, as well as an excellent means of earning very high returns for part-time investors with retirement or discretionary funds.