Basically non recourse factoring means that as you factor your first invoices you first receive the initial cash advance. When your customer submits payment to us for the invoices we factored or purchased from your company you receive the balance of the funds you were advanced minus our low fee for cost of service.
Basically non-recourse factoring means non risk factoring. By factoring your invoices you first receive the initial cash advance. When your customer submits payment to us for the invoices we factored or purchased from your company you receive the balance of the funds you were advanced minus our low fee for cost of service.
With non recourse factoring we guarantee that you will not be responsible even if your customer does not pay us.
We take 100% of the risk of collecting the amount of the monies owed to us from your customer. Your company will keep both the CASH ADVANCE that you received from factoring your invoices plus the balance within the period of time of the terms agreed.
Non Recourse Factoring offers your company many financial benefits. You will have the guarantee that you will receive the maximum amount of cash from factoring the value of your accounts receivable. The stability of continuous CASH FLOW from the full value of your invoices into your company will add security to your company’s financial management.
It will enhance your credit worthiness by enabling your company to pay your payables on time or negotiate better terms or discounts from your customers.
It will enable you to project your plans from the continuous CASH FLOW.
It will benefit by stabilizing your company to anticipate the possible expansion of your business.
It will secure your ability to be prepared for unexpected expenses.
It will provide you with more opportunities to hire needed employees and purchase new equipment.
It will put you in a position to negotiate better terms making your contracts more profitable.