With recourse factoring, you're responsible for the debt if your customers don’t pay. With non-recourse factoring, the factoring company accepts the loss for nonpayment. Many, or all, of the products ...

In June 2020, TBS Factoring and OTR Capital formed a joint partnership to help truck drivers during the pandemic. Through a program called Pandemic Protection Program, the finance firms offered a ...

Invoice factoring can provide fast access to cash for your business, but it often comes with high costs Written By Written by Staff Loans Editor, WSJ | Buy Side Hannah Alberstadt is a Buy Side staff ...

Invoice factoring lets you get cash for unpaid invoices in exchange for a percentage of the invoiced amount. Factoring can either be recourse, where you'll owe the full invoice amount if your customer ...

Factoring services refer to collecting receivables and maintaining sales ledgers, credit control, and credit protection. Factoring services offer comprehensive solutions to businesses to manage their ...

Factoring is an ancient financing practice that has achieved new currency in the digital era. This is largely thanks to pioneers harnessing online capabilities to make factoring appealing to ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Invoice factoring can help business owners get paid ...