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How to Use Invoice Financing to Finance an Acquisition
A lot of people use invoice financing or factoring as a way to finance an acquisition. I just feel like it's high risk but maybe I'm just not thinking about it correctly yeah. If you needed to are there other ways that you could come up with cash? A secured debt obviously for obvious reasons is always at a lower rate than unsecured debt. The best rate we could get on unsecured loan was sort between eight and ten percent whereas with secured debt we're coming in anywhere from kind of one and a half to three percent above base rate.