How do factoring affect the weighted average cost of capital (WACC) in comparison with other sources of financing

The article discusses the source of financing for working capital - factoring. Currently, most companies are more likely to work with deferred payment in order to maintain their competitiveness. This distracted from circulation a considerable part of the working capital. The limited resources of the enterprise requires a constant search for effective and efficient sources of replenishment. The article discusses the impact that the use of factoring in the weighted average cost of capital in comparison with an alternative source of financing - loan.