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Can factoring discount fees end up being less than some other financing arrangements?

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Can factoring discount fees end up being less than some other financing arrangements?

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Oftentimes, funds from factoring allow you to take advantage of your suppliers discounts for early payment. Under these circumstances, you get immediate access to your money at rates that can be better than many other financing arrangements. For example, bank loans, especially when you take into account the closing costs, origination fees, and additional points that may be tacked on can turn out to be more than factoring.

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