recourse factoring

/Tag:recourse factoring
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

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