2020 is the year that has wrought a global pandemic and an economic recession, among other issues. And these challenges are in addition to the difficulties that factoring companies are used to facing, day in and day out.
So how have factors been handling the unique obstacles that 2020 has brought? In partnership with some of our friends at factoring companies, we have created an Industry Feature. This piece dives into the problems...as well as the solutions and creative thinking that many factoring companies have brought to bear on the situation.
The challenges and solutions fall into three categories:
- Revenue
- Default & Fraud
- People
Fill out the form on this page to get immediate, free access to this Industry Feature. See how your factoring peers are surviving - and thriving - during the challenges of 2020.
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