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

Posted by Chris Curtin 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.  In the business world, it is common for companies to seek funding solutions continuously to smoothly run their operations, fulfill their orders as well as maintain and gain market shares. Traditionally, a bank loan is the first option to get additional working capital for a company. However, most companies are not eligible...

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What is Non-Recourse Invoice Factoring?

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

What is Non-Recourse Invoice Factoring?

Non-Recourse Factoring or Factoring without Recourse is an agreement within a factoring contract. The factor’s client doesn’t have to pay back the factor if an invoice is not paid explicitly due to the bankruptcy of the client’s customer. Such invoice should be with credit protection in place. Factoring companies offer credit protection as part of a non-recourse program. What is Non-Recourse Factoring? How Non-Recourse A/R Factoring Works-PDF What are the Benefits of Non-Recourse Invoice Factoring? Credit protection against...

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Recourse vs Non-Recourse Factoring

Posted by Chris Curtin on Jun 3, 2016 in Business Tools, Non Recourse factoring, Recourse Factoring | 1 comment |

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, you should understand what a factor is offering you. What is Recourse Factoring? Recourse Factoring 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, recourse factoring is similar to a line of credit from a bank with a borrowing base as one of...

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