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 StoriesRecyclingTerraCycle Launches Aurora, Ill., Operations CenterTerraCycle officially opens a new 100,000-sq-ft operations center in Aurora, Ill., transforming a historic factory into a hub for sorting and distributing hard-to-recycle materials from across North America.HomeKrusteaz Streamlines Packaging Artwork ManagementRecyclingWM Report: CPGs Can Find Brand Loyalty Through Recycling CommitmentsReusable/ReturnableReusable Cup Pilot at Portland Stadiums Relies on RFIDSponsor ContentEngineered Liquid Mixing Systems Increase Process Yield
