Non-Recourse Factoring
Welcome to our comprehensive guide on non-recourse factoring. Whether you are looking to improve cash flow or fund expansion, understanding the mechanics of non-recourse factoring is crucial.
How It Works
In non-recourse factoring, the advance rates and fee structures are specifically tailored to the nuances of your industry. Factoring companies evaluate the creditworthiness of your clients rather than your personal credit history.
Typical Terms & Rates
Advances for non-recourse factoring typically range from 80% to 95%. The factoring fee or discount rate usually falls between 1% and 4% for a 30-day period.