Difference between builder and factory pattern?

Builder Pattern	Factory Method /Factory Pattern
Object instantiation at compile time	Defer the object instantiation to run time
Object creation in builder pattern is sequential. Means completes step and move to next.	Does not follow any sequence
Builder creates complex objects with constituent parts	Factory will create the objects it was supposed to may be complex may be simple
Director depicts the algorithm to follow. .	No director concept deciding the assembly