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From Alternative to No Alternative Financing

by Helen Sanders, Editor

We are all aware that most companies are finding it more difficult to access credit from their banks, and that the cost of doing so has increased. Alternative financing, such as factoring and reverse factoring, formerly the domain of smaller companies, is now becoming an important element in the financing portfolio for companies of all sizes. Furthermore, with Basel III looming, with its more stringent capital requirements for banks, and continued economic uncertainty, this trend is set to continue.