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Recourse vs. Non-Recourse Factoring 7 лет назад


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Recourse vs. Non-Recourse Factoring

Plenty of business owners use invoice factoring to maintain control over their cash flow. If you're considering factoring your outstanding invoices, did you know there are two different types of programs? Recourse factoring is the most common program. In this type of factoring, you're liable to buy back any invoices the factor is unable to collect payment on. With non-recourse factoring, if your clients fail to pay, file bankruptcy or close their business, the factoring company absorbs the loss. Learn more: https://factoringcompanies.com/servic...

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