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advances to create an Escrow Reserve account, which acts as a ‘rainy day’ fund. Here’s how it works. “I’ll give you a 80% advance, and temporarily put 5 of the 80 into your Escrow Reserve. We’ll establish an Escrow cap of 10% of your credit limit, and build up the reserve to that cap. For example, let’s say you factor a $1,000 invoice. You’ll get
... See moreJeff Callender • How to Run a Small Factoring Business (The Small Factor Series Book 3)
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