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?

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 bankruptcy of the client’s customer (the Account Debtor) under an invoice with credit protection in place. BusinessCash offers credit protection as part of our non-recourse program. PDF DOWNLOAD: How Non Recourse Factoring Works – 2.5 megs  What Are the...

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