What is Recourse?

Recourse is when a borrower agrees to pledge their own assets against funding from a bank or other lender in case the borrower is unable to meet the debt obligations. Recourse factoring is when the client will repay or replace an unpaid invoice after 90 days or the time frame set in the factoring agreement.

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The Difference between Recourse and Non-recourse Factoring

The Difference between Recourse and Non-recourse Factoring

In the transportation sector, running a company comes with many challenges, but one of the biggest is managing the heart and soul of your business…
What Is Invoice Factoring Without Recourse

What Is Invoice Factoring Without Recourse

Factoring accounts receivables to gain immediate access to working capital is a sound business decision. The process of selecting the right factoring company for your…
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…

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