An annual upsell is pretty much just factoring for SaaS companies.
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Replying to @brennandunn
@brennandunn The terms are a LOT better. Getting revenue *one month* early can cost 10~20% (n.b. not annualized!) at many factoring places!2 replies 1 retweet 1 like -
Replying to @patio11
@patio11@TimConley came across factoring companies when I used to sell leads to them outside of college. Holy crap those people bank.2 replies 0 retweets 0 likes -
Replying to @brennandunn
@brennandunn@patio11@TimConley care to define "factoring"?1 reply 0 retweets 0 likes
Replying to @__mharrison__
@__mharrison__ @brennandunn @TimConley Usually know as receivables factoring. It's payday loan style advances for businesses. Stay away.
12:24 AM - 5 Aug 2013
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