The Role of a Bank’s Special Assets Group A bank workout or special assets department is a specialized team within a bank that helps manage and restructure distressed loans. Their primary goal is to stabilize the financial health of borrowers facing difficulties and reduce the bank’s loan losses. This article explores the role of bank […]
Fraud
Fraud takes down businesses, families, and lenders.
Protect yourself from both internal and external fraud sources.
Do you Have Employees Living Beyond Their Means?
23 Red Flags of Employee Fraud John Capizzi has been a great friend to Bankers Factoring for over twenty years. His tips on sniffing out employee fraud especially in this time of Covid are essential to any business surviving and thriving. Here is an excerpt from his most recent newsletter. An employee living beyond their […]
Transportation and Trucking Invoice Factoring Pitfalls
Freight Invoice Factoring Hidden Problems Common Freight Factoring Mistakes that can Bankrupt You Costly Unethical Trucking Tactics The global invoice or Accounts Receivable Factoring market is a $3 trillion market in 2022. However, trucking companies seeking cash flow from slow-paying customers with extended payment terms need alternative financing solutions. Bankers Factoring is proud to be […]