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 ...

In June 2020, TBS Factoring and OTR Capital formed a joint partnership to help truck drivers during the pandemic. Through a program called Pandemic Protection Program, the finance firms offered a ...

Invoice factoring lets you get cash for unpaid invoices in exchange for a percentage of the invoiced amount. Factoring can either be recourse, where you'll owe the full invoice amount if your customer ...

With invoice factoring, B2B companies can get cash quickly for large purchases and save time on invoice collections. Many, or all, of the products featured on this page are from our advertising ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Lars Peterson joined Investopedia in 2023 as a senior editor of financial product ...

It can be a quick way to get financing, but it could lead to cash flow issues if used regularly If your small business needs funding, invoice factoring can help improve your cash flow. For a fee, ...