| Recourse
Factoring |
| In
recourse factoring, the factoring company will purchase
a business’ invoice at a discount, but with out
the risk of bad debt. Meaning that after 90 days, the
business is obligated to reimburse the factoring company
if the customer has not paid. |
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| >Find
a recourse factoring company |
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| Non-Recourse
Factoring |
| In
non-recourse factoring, the factor will purchase a business’
invoice at a discount and assume the risk of bad debt.
The factoring company generally handles all collection
efforts assumes the risk of the customer not paying. |
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| >Find
a non-recourse factoring company |
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