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.

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