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...]
Recourse and Non-recourse Factoring
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The big difference between recourse factoring versus non-recourse factoring is the party at risk for bad debt. Understanding this important distinction will help a business select the right financing terms when factoring invoices and accounts receivable. … [Read more...]