ATF Finance

What Is Factoring? Factoring is the purchase of accounts receivable at a discount for immediate cash. Factoring gives businesses access to working capital without diluting equity or incurring debt. Q: What is a factoring company? A commercial finance company that specializes in the purchase of invoices or accounts receivable for cash. Q: What is the difference between non-recourse and recourse factoring When an invoice is factored on a non-recourse basis, the factor takes the credit risk of the account debtor. This protects the client from credit losses. When an invoice is factored with recourse, the client is ultimately responsible for payment regardless of whether the account debtor pays or not. Q: What types of businesses factor receivables? ATF FINANCE serves a wide range of industries, including trucking, temporary personnel agencies, printing companies, manufacturers, wholesalers, and many service industries such as janitorial and armed guard...