Factoring 101 Video Series
Factoring Basic Transactions
Learning the Basics of Factoring Transactions
Video
Basic Transactional Concepts of Factoring
(pages 37 - 61)
Basic Transactional Concepts of Factoring
Below are video presentations designed to supplement Chapter Two in your training guide. This chapter covers the basics of commercial factoring, and as a new broker or consultant, the knowledge in this chapter is essential.
As with the videos you just finished on Chapter One, we recommend reading this critical chapter twice, then building on your knowledge by viewing each video. We have also made available a selection of Commercial Finance Consultants magazine articles on the topics presented in Chapter Two, linked below. When you’re confident with your knowledge, take the proficiency exam at ClassMarker.
Lesson 7
The Advance, Collections, and Rebate Process
Lesson 8
Invoice Verification Process
Lesson 9
Invoice Eligibility for Purchase
Lesson 9
The Collection Process
Lesson 9
Reserve Distribution Process (Rebates)
Lesson 10
Problems of Invoice Concentration
Lesson 11
Factoring Types and Styles
Lesson 12
Recourse and Non-Recourse Factoring
Lesson 13
Notification of Assignment
Lesson 14
Understanding Factoring Fees
Lesson 15
Uniform Code Filing
Class Marker