Obtaining financing for companies in Canada has always been a challenge. Bank financing is almost impossible to obtain and there are few available alternatives.
Factoring, a type of asset based financing, has been gaining traction in Canada as an alternative to conventional bank financing. It uses your strongest asset - your customers - as collateral. It has a number of advantages over conventional financing.
About Marco Terry
Marco Terry is Managing Director of Commercial Capital LLC, a leading provider of factoring [http://www.factoring-canada.ca] in Canada. He can be reached at (877) 300 3258.
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Article Submitted On: February 20, 2008
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