What is Non-Recourse Factoring or Without Recourse Factoring?

Non-Recourse Factoring or Factoring Without Recourse is an agreement within a factoring contract where the factor’s client does not have to pay back the factoring company if an invoice is not specifically paid due to bankruptcy of the client’s customer (the Account Debtor) under an invoice with credit protection in place. ECapital offers Credit Protection as part of our Non-Recourse Program.

Audio Definition/Pronunciation

10 Questions to Ask Your Lender

10 Questions to Ask Your Lender

You know your business better than anyone, and a good lender will care just as much as you do about the smallest details. Be prepared.…
Factoring for Small Business

Factoring for Small Business

Why Would A Small Business Use a Factoring Service? When your small or mid-sized business needs fast, flexible working capital financing, factoring companies provide needed…
Checklist: How to Choose the Best Factoring Company

Checklist: How to Choose the Best Factoring Company

You’ve made a great decision; to leverage your accounts receivable and access fast cash by factoring your invoices. The next step is to find the…