Non-Recourse Invoice Factoring versus Purchase Order Funding

Posted by on Feb 12, 2018 in Business Tools, Invoice Factoring, Non Recourse factoring, Purchase Order Funding | Comments Off on Non-Recourse Invoice Factoring versus Purchase Order Funding

Non-Recourse Invoice Factoring versus Purchase Order Funding

By the number of calls we receive at BusinessCash.com, there is much confusion about Non-Recourse Invoice Factoring versus Purchase Order Funding. In this article, we will walk you through the steps of how each one them works. We will also tackle what types of companies each financing option is applicable to. What is Non-Recourse Invoice Factoring? Non-Recourse Invoice Factoring is a financial agreement between your business and a factoring company for financing based on accounts receivables against cash. It is available to any company that...

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Notice of Assignment: A Step in the Factoring Process

Posted by on Feb 11, 2018 in Business Tools, Invoice Factoring, Non Recourse factoring | Comments Off on Notice of Assignment: A Step in the Factoring Process

Notice of Assignment: A Step in the Factoring Process

In order to understand the notice of assignment’s (NOA) both concept and procedure, it is crucial to first understand what does invoice factoring mean. As well as how does it work. Invoice factoring also referred to as Accounts Receivable (AR) factoring. This is a type of debtor finance that grants you funding based on your invoices. It is a financial transaction between a factoring company and your business inducing that you agree to sell your AR to your factor at a discount. Once the agreement is set, your factoring company will provide...

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Recourse Factoring vs Non-Recourse Factoring: Making the Right Choice

Posted by on Oct 24, 2017 in Non Recourse factoring | Comments Off on Recourse Factoring vs Non-Recourse Factoring: Making the Right Choice

Recourse Factoring vs Non-Recourse Factoring: Making the Right Choice

When making decisions, a company should consider all the potential short-term and long-term impacts on the business, not only to keep surviving on the market but also to succeed, grow and generate competitive advantages.  It is common, in the business world, for companies to seek funding solutions on a continuous basis so as to smoothly run their operations, fulfill their orders as well as maintain and gain market shares. Traditionally, a bank loan is the first option for working capital for a company. However, most companies are not eligible...

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What is Non-Recourse Invoice Factoring?

Posted by on Feb 2, 2017 in Non Recourse factoring | Comments Off on What is Non-Recourse Invoice Factoring?

What is Non-Recourse Invoice Factoring?

How Non-recourse Factoring benefit your small business What is the difference between Recourse & Non-Recourse Invoice factoring? Is Non-Recourse Factoring more expensive than A/R Factoring with recourse? Here are answers to both your Recourse and Non-Recourse A/R Financing questions. Non-Recourse Factoring or Factoring Without Recourse is an agreement within a factoring contract where the factor’s client does not have to pay back the factoring company if an invoice is not specifically paid due to the bankruptcy of the client’s...

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Recourse vs Non Recourse Factoring

Posted by on Jun 3, 2016 in Business Tools, Non Recourse factoring, Recourse Factoring | 0 comments

Recourse vs Non Recourse Factoring

There is a great deal of information on the internet about recourse vs non-recourse factoring. Much of it is wrong. When choosing a Factoring Company it is best that you understand what a factor is offering you. Recourse Factoring: This means that if the invoice is not paid by your client by a certain date, the Factoring Company can charge that invoice back to you or you can replace that invoice with another good invoice. In some ways, this is similar to a line of credit from a bank with a borrowing base as one of the loan requirements. If an...

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What is Discount Factoring?

Posted by on Dec 10, 2012 in Business Tools, Discount Factoring, Non Recourse factoring, Recourse Factoring, Spot Factoring | 0 comments

What is Discount Factoring?

What is Discount Factoring? Discount Factoring, also knows as recourse factoring provides your business with versatile and immediate cash that will give you the funds to grow, restructure, take advantage of supplier discounts or even to fund payroll. Your company probably needs more cash flow to support seasonal demands, growth, and more. Discount factoring is used by many large well-known companies. It is less expensive than traditional factoring, but, like traditional factoring, it is less restrictive than equity financing, allows you to...

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