Posts on the Topic Notification

decoding-the-factoring-contract-understanding-the-terms-and-conditions

A factoring contract is a financial agreement where a business sells its accounts receivable to a factor for immediate cash, with terms like advance rate, fee, and reserve being crucial. It includes operational details such as collections handling and creditworthiness...

the-legal-framework-of-factoring-key-points-to-know

Factoring law involves the sale of accounts receivable by a business to a factor for immediate cash, with legal terms like assignment and advance rate being key components. It requires careful consideration of jurisdictional laws, compliance with regulations such as...