The Difference Between Recourse and Non-Recourse Factoring

There are multiple benefits to factoring your invoices, most important being that factoring helps you increase your cash flow for things like payroll, operating expenses, taking on new business and more. Additionally, a factoring company will provide back-office support by managing your collections on any invoices you've submitted for factoring. But what happens if a customer's client (called a debtor) does not pay one of those invoices?

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