What is Non-Recourse Factoring & Credit Protection?

The traditional┬áNon Recourse Factoring through Credit Protection program is unique. Protect yourself against customer bankruptcy or insolvency. Statistics show that less than 20% of accounts receivable factoring companies utilize credit protection as part of their factoring product. Factors have the superior credit strength needed by large insurers that allows us to offer non-recourse factoring credit protection. Although credit protection is not inexpensive, factors care about their clients and feel it is required to protect them adequately. After the volatility of the last ten years, factors think it is more important now than ever. In life, there is only one thing … Continue reading What is Non-Recourse Factoring & Credit Protection?