What Does It Mean When Accounts Receivable Are Factored With Recourse?
If you’ve heard the term “factored with recourse,” but don’t know what it means, you’ve come to the right place. In today’s post, we explain what happens when accounts receivable are factored with recourse and the implications for your business. Keep reading to learn more. How Does Factoring Work? Before we delve into recourse factoring,…