factoring company

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30 Oct, 2017

Tips For A Smooth Factoring Application

2018-01-19T12:33:28+00:00

Every day business owners juggle the cash flow demands of their companies.  More than ever, they are turning to invoice factoring as a trusted solution, even when banks decline loans and credit lines. If you are considering accounts receivable funding it pays to be prepared. Save time and money by understanding these five tips before making application to factor your accounts receivable: […]

Tips For A Smooth Factoring Application 2018-01-19T12:33:28+00:00
27 Aug, 2017

How Recourse and Non Recourse Factoring Compare

2018-01-19T12:43:38+00:00

If you plan on selling invoices it is important to know whether the funding proposal is for “recourse” or “non-recourse” factoring.  Here is an overview of both methods. A Look at Non-Recourse Factoring Just like it sounds, there is no recourse for unpaid receivables against the client. The client selling invoices is not financially obligated to the factoring company in the event an approved and funded invoice is not paid by the customer. To protect their investment, the factoring company will check the credit strength of account debtors and verify invoices with customers.  They will also want to handle the payment [...]

How Recourse and Non Recourse Factoring Compare 2018-01-19T12:43:38+00:00

Contact Info

175 West Monroe Street, Ste 122 Wytheville, VA 24382

Phone: 800-530-2621