Article
Factoring Vs. Line Of Credit
Learn the difference between factoring vs line of credit. Explore the criteria for both financing options to determine which is
Drew Hendrickson
Collateral Analyst - Accounts Receivable Financing
- First Business Specialty Finance, LLC
- subsidiary of First Business Bank
About Drew
Based out of our Des Plaines, IL, office, Drew Hendrickson serves as Collateral Analyst for First Business Bank's Accounts Receivable Financing team, where he assesses collateral to help businesses access the working capital solutions they need to grow and overcome hurdles like seasonal challenges and cash flow gaps.
Drew earned his bachelor's degree in Finance from the University of Wisconsin-Whitewater, where he built a strong foundation in financial analysis and risk assessment that positions him to conduct thorough collateral evaluations and support clients through the factoring process.
Recommended Resources
Explore blogs, articles, and news from First Business Bank's team of experts. Make business decisions based on the latest data and insights.
Article
3 Commonly Misunderstood Forms of Business Financing
Business financing options seem endless and, let’s face it, sometimes are confusing. Each type affects your company’s cash flow, taxes,
Case Study
Company Makes Millions Using Factoring
Local entrepreneurs started a company that creates and develops mobile video games, deriving revenues from in-game purchases. The company initially