Non-Recourse factoring is invoice factoring in which the factor takes the credit risk of an account debtor, protecting the client from credit loss. When an invoice is factored with "recourse" it means that the client is ultimately responsible for ... more

Most companies, certainly in Europe, still rely on spreadsheets and homegrown systems to administer the incentive compensation process. In principal, these tools are adequate and do a good job. However, ICM software automates the process of ... more

No. The correct way to evaluate Factoring/ARP is in terms of your company's growth. By enabling you to gain access to additional working capital, without restricting other forms of borrowings, Factoring/ARP provides a unique credit service. ... more

Finding a factoring company is not all that difficult, but many people do not know what a factoring company actually does or provides. If you are in business for yourself, chances are good, you should really understand the concept behind a ... more

Many business owners equate accounts receivable financing with factoring. However, there are numerous significant differences. Factoring is the discounted sale of accounts receivable. With factoring, the factor purchases each invoice that is sent ... more

When making credit decisions, banks focus on your financial history, your credit score, and the strength of your balance sheet. KD Factors looks at your customers’ credit strengths. KD Factors can get you funded in one to three days; banks often ... more

Factoring provides an immediate leveling of your cash flow. This cash availability allows you to meet payroll, tax, and other obligations on a timely basis, thus improving your credit. It enables purchases of inventory and supplies as needed, ... more

Yes, they are somewhat higher than some bank loan interest fees, but the higher rates can be justified by the fact that you can receive needed cash immediately, often within 24 hours or less, the length of the contract may be much shorter than a ... more

No. The operations of a factoring company are not the same as a Collections Agency. In most cases, only current invoices can be factored; past due invoices cannot be factored. Collections agencies deal with collections of past due accounts. ... more

A commercial finance company that specializes in the purchase of invoices or accounts receivable for cash. What is the difference between Non-Recourse and Recourse Factoring When an invoice is factored on a "non-recourse" basis, the factor takes ... more