Common Mistakes
Factoring Case Studies (2nd Edition)
Common Mistake	 Complicated or Misleading Rates	 	  Being Rushed	 	  Giving Advances for Work Not Completed	 	 	 	  Blindly Batching Invoices	  Not Saying “No”	 	  Payments Not Sent to the factor	  (allowed by factor or re-routed by client)	 	 	 	 	 	 	 	 	  Poor Follow-up on Late- and Non-Payers	 	 	  Over Concentrations and Lack of Limits	 	  Letting Down Your Guard	 	 	 Not Following Your Own Rules	 8	 28	  10	 19	  10	 11	 14	 19	  26	  9	 19	  2	 3	 4	 5	 16	 19	 24	 26	 28	 29	  11	 24	 26	  19	 25	  19	 24	 	 11	 19	 Case Study Razzle & Dazzle Manufacturing	 Damon Deevyus, LLC	  Messner Janitorial Company	 Clank Brothers Wiring and Cable	  Messner Janitorial Company	 Budibuddy Metal Fabrication	 Sloppee Properties	 Clank Brothers Wiring and Cable	  Slimegall Medical Transport	  Dunfore Day Care	 Clank Brothers Wiring and Cable	  Blahzay Auto Transport	 Dee Seetful & Associates	 Shifty Shuffles Staffing Services 	 Hardluck Harvey’s Healthier Homes 	 Audacity Cleaning Services	 Clank Brothers Wiring and Cable	 Mr. Scumbucket Janitorial Company	 Slimegall Medical Transport	 Damon Deevyus, LLC	 Battleground Janitorial	  Budibuddy Metal Fabrication	 Mr. Scumbucket Janitorial Company	 Slimegall Medical Transport	  Clank Brothers Wiring and Cable	 Safensound Janitorial and Maintenance	  Clank Brothers Wiring and Cable	 Mr. Scumbucket Janitorial Company	 	 Budibuddy Metal Fabrication	 Clank Brothers Wiring and Cable