Recourse vs. Non-Recourse Factoring
What is the Difference Between Recourse and Non-Recourse Factoring? Factoring, a popular financial solution for businesses, provides a means to improve cash flow by selling accounts receivable to a third-party known as a factor. However, within the realm of factoring, two primary options exist: recourse and non-recourse factoring. In this article, we will delve into…