By Peter AranskyContract PackagingFactoring: Jet fuel for attracting packagersThis financing tactic may be new to co-packers, but it works in other industries. It speeds up cash flow—and growth—key selling points with purchasing managers.Key termsFactoring: Factoring: A form of short-term financing that provides funding to companies relative to the quality and quantity of their sales, or accounts receivable. The funding comes in the form of either a purchase or a loan against the company’s eligible receivables.Factor: A company that provides factoring services.March 31, 2006Page 1 of 1Top StoriesWorkforceClemson Announces Spring 2024 Outstanding Packaging Science Senior Award WinnersClemson University announces two Spring 2024 awards. Sarah Dumont is the Robert Testin Outstanding Senior in Packaging Science winner, and Ezekiel Guevarra becomes the Packaging World Outstanding Packaging Science Senior.Business IntelligenceData and Analytics Management Varies Across CompaniesHome8 Ways You Might Be Greenwashing Your Packaging And Not Even Know ItRecyclingNesquik’s New Shrink-Sleeve Labels Make Packaging 100% RecyclableSponsor ContentSupporting Demand for Plastic-Free Packaging with APP’s Foopak Bio Natura