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Recourse vs. Non-Recourse Factoring

recourse vs nonrecourse factoring

Invoice factoring is the practice of “selling” your invoices, or accounts receivable, to a company that then pays you right away for that invoice, minus a fee. This gives you cash flow you can use to pay bills, finance operations, take on new business, and handle business expenses as they come up. Factoring companies also often handle

The Facts About Factoring: Debunking the Myths

what is freight factoring

The factoring business isn’t always well understood and even gets a bad rap in some instances. But why is this? The act of factoring a load helps a carrier in so many different ways, you’d think that everyone would be excited about factoring companies. Today we’re going to be debunking some of the most common