Our GM, Greg Charlwood and ScotPac Business Finance's CEO, Peter Langham, sat down with Broker News to discuss how factoring (also known as debtor finance) can help in several scenarios. The pair note indicative cashflow issues such as:
- A large debtor paying slowly;
- Cashflow issues due to seasonal demand;
- Tax arrears
- Lack of real estate to offer as security.
The segment also focuses on how brokers can also benefit by recommending factoring finance to clients. Check out the video here
