Recourse – The borrower (or guarantor) is personally liable for the full amount of the loan, including any debt remaining after the collateral is foreclosed upon and sold. To satisfy the remaining ...

With recourse factoring, you're responsible for the debt if your customers don’t pay. With non-recourse factoring, the factoring company accepts the loss for nonpayment. Many, or all, of the products ...

DELRAY BEACH, FL / ACCESSWIRE / January 16, 2024 / Business owners who benefit from using invoice factoring often face important decisions when starting a factoring relationship. While many businesses ...

A non-recourse loan is a type of debt that’s secured by collateral, such as an individual’s car, house or another typically illiquid asset. By securing a non-recourse loan, the lender won’t have the ...

Generally, all income-producing properties, excluding unimproved land, are considered commercial real estate (CRE). The two financing options for CRE are recourse and nonrecourse loans. There are ...

As mentioned in the inaugural post of The Carveout, non-recourse loans will include a non-recourse carveout providing protection for the lender in the event the transfer provisions in the loan ...