gawdd.
if your factoring, your selling your account receivables UPFRONT, (you get the money upfront)
therefore your increasing your current assets.
so. your improving your liquidity!
im saying compared to say.. a term loan, you have to pay regular fixed amounts, where an advantage of asx is that you only have to pay back the money when your making a profit (providing you do make a profit but thats a bit beside the point)
for asx funding, i did its an advantage that you only have to pay back if your making profit (dividends) and a disadvantage is that you lose a little control of your business..
thoughts??
mind blank for a better advantage