Recourse vs. Non-Recourse Factoring: What is the Difference?

Recourse and non-recourse factoring differ in who bears the risk when a customer does not pay.

Whether you can switch depends on your factoring agreement and provider. Some factoring companies offer both structures and can accommodate changes. Others specialize in one or the other. If flexibility between recourse and non-recourse is important to your business, confirm this capability before signing any…

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