With numerous factoring courses and factoring books available online, many people wonder just how factoring brokers earn their fees. While factoring commissions are paid in a variety or ways, there are some standards to start with. … [Read more...]
Archives for September 2010
Advantages of Factoring
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There are many factoring uses in today’s market for both small and large businesses. With cash flow a key to survival and growth, here are some factoring pros to keep in mind when comparing to traditional bank loans. … [Read more...]
What is Non-Recourse Factoring?
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The most popular form of invoice financing is “non-recourse” factoring, accounting for roughly 85% of all factoring transactions. Just like the name implies, the client is not financially obligated to the factoring company in the event an approved and funded invoice is not paid. … [Read more...]
What is Recourse Factoring?
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When looking for a Factoring company it is helpful to understand if their funding methods are “recourse” or “non-recourse” factoring. With recourse factoring the company selling the invoices (the client) is basically guaranteeing the invoice will be paid in full. … [Read more...]