By Peter AranskyContract Manufacturing and 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 StoriesPackage DesignIoPP’s AmeriStar Awards Highlight 2022 Packaging AchievementsSustainability remains a primary packaging innovation driver, but function, user-friendliness, consumer experience, aesthetics, and convenience don’t take a back seat in this year’s crop of award winners.Primary packagingAutomating Cannabis Pre-Rolls Supercharges ProductionPMMI newsOpX Offers Updated FAT GuidanceMaterials & containersP&G, Coca-Cola, and McCormick Develop Innovative Recycling PracticesSponsor ContentBulk Bag Filling: Increase Bulk Material Packaging Efficiency
