With recourse factoring, you're responsible for the debt if your customers don’t pay. With non-recourse factoring, the factoring company accepts the loss for nonpayment. Many, or all, of the products ...
It can be a quick way to get financing, but it could lead to cash flow issues if used regularly If your small business needs funding, invoice factoring can help improve your cash flow. For a fee, ...
Cash flow is a constant challenge for lower-tier subcontractors and suppliers in the construction industry. Engaging in factoring—the assignment of accounts receivables to third-party lenders or ...