What is Notice of Assignment?

The Notice of Assignment is a legally binding notice sent to our client’s customers advising them to redirect payments on all client accounts to ECapital. Under the UCC laws, if a customer pays any other party, they have not relieved their legal obligation to pay the factoring company.

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The Importance of a Notice of Assignment in Factoring

The Importance of a Notice of Assignment in Factoring

In a factoring arrangement, a Notice of Assignment (NOA) is the factoring company’s first communication with the client company’s customers. It is the starting point…
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…
Understanding Rates, Fees and the Total Cost of a Factoring Agreement

Understanding Rates, Fees and the Total Cost of a Factoring Agreement

Over the past ten years, invoice factoring has become a widely used cash flow solution across North America. Its popularity has been growing due to…

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