What is Accounts Receivable Verification?

Accounts Receivable Verification is part of the due diligence process of A/R Factoring. The factoring company will verify the accounts receivable of their client’s customer (the Account Debtor). The factor is verifying that the Account Debtor is happy with the quality, quantity, and timeliness of the service or product provided. The invoice dollar amounts, terms, and conditions will also be verified.

The Advantages of

The Advantages of "One Stop” Purchase Order and Accounts Receivable Financing

Most commercial financial transactions follow a well-established process:  A transaction starts with a purchase order, an electronic or paper document issued by the Buyer detailing the…
Five Tips for Following Up on Accounts Receivable

Five Tips for Following Up on Accounts Receivable

It can be one of the greatest frustrations of owning your own trucking company – you do a great job delivering safely and on time, but…
Using Accounts Receivable Financing for the Liquidity

Using Accounts Receivable Financing for the Liquidity

When running your business, a cash shortage can be a nightmare. You must pay bills, pay staff and order the goods that keep your business…