“Factoring and ABL are no longer the feared lenders of last resort but rather a time-proven, alternative asset class that produces superior returns in any economic environment. There is only one thing that affects our success and that is our belief in our business and the team running it. “ – Cole Harmonson
Cole recently wrote an article for the November/December 2012 issue of The Commercial Factor, International Factoring Association’s magazine. The informative article focuses on what’s to come in 2013 for the banking and lending industries, including these two trends:
1. The bankers will not be getting back to “fat cat” status anytime soon.
2. The economy will continue to get better and will continue to produce opportunities for factors.
You can view the full article here.