All types of financing involve risk. In the field of invoice factoring, the risk is usually derived from insolvent customers. In invoice factoring contracts, either the factor or the client company assumes the risk of nonpayment. Understanding financial risk can help you choose the right type of factoring arrangement for your company’s needs.
Topics: About Invoice Factoring, recourse and non-recourse factoring
Did you know that you have options if you decide to factor your outstanding invoices? Many people are surprised to learn that there are two different types of factoring, and that one option may work better for your business than the other.
Topics: Factoring Receivables, About Invoice Factoring, recourse and non-recourse factoring, Types of Invoice Factoring
