Overview: Today, factoring is a $200 billion dollar industry. It is better known in Europe than in United States. In Europe it is primarily used as a source of funds for un-bankable businesses. However, Canada is considering mandating that their banks refer clients that they turn down for loans to factoring companies.Why should you Attend: Companies should push their bank to consider factoring as a viable lending component to any financing program. Small to mid-sized companies, who are crying out for working capital, make up a ready market for factoring.Areas Covered in the Session:Myths and RealitiesWhen Should Businesses Factor?Fragmented Market PlaceThe (Missing?) Link to Receivables ManagementInteresting alternativesNew Face of FactoringFactoring 201Recourse Options (Risk)Fees and RatesSummaryWho Will Benefit:Corporate treasurersBank lendersBusiness development bankers