- 10 Apr
The History of Factoring and Its Growth In The 21st Century Infographics
It is easy to forget how old factoring is. I came across this useful little history infographic published by an american invoice finance exchange. Their page includes an interesting summary of the history of factoring and its growth in the 21st century with infographics on the history and also how factoring works.
The article suggests that they history of factoring goes back some 4,000 years to the time of King Hammurabi of Mesopotamia and it traces its emergence through the middle ages to the modern day.