BNN Interview – Factoring: An Alternative To The Banks

Factoring is popular in the U.S. and overseas, but it’s not widely known in Canada. However, Robert Thompson-So, Vice-President, Chief Strategy Officer at Liquid Capital Corporation says “as banks continue to retrench from small and mid-sized markets,” factoring is a funding option that has a lot of growth potential in Canada, where Liquid Capital has more than 200 clients. He outlines how factoring works and how it can help companies meet their financing and operating needs.