Author: Dana

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History of Factoring part 2

The Roots of Modern Factoring The roots of what can be called “modern factoring” are traced to the textile trade in England during the 17th century and Blackwell Hall.  Blackwell Hall, originally built in 1397, acted as a merchant clearing house for the cloth trade, England’s primary commodity of that era.  Blackwell Hall Factors acted as fee-based group ….  Read More