Factoring: One of the fastest growing and most profitable financial service sectors for community banks and commercial lenders is factoring.

• Position: In Brief - Brief Article

FACTORING: One of the fastest growing and most profitable financial service sectors for community banks and commercial lenders is factoring, says the International Factoring Association, San Luis Obispo, Calif. Factoring is a lending tool used by banks and finance companies whereby a client's account receivables are purchased, and the client advanced between 70...