Recours Factoring or Non-recourse Factoring? Which is Right for you?
Recourse and non-recourse factoring are two types of invoice financing that help businesses convert unpaid invoices into immediate cash. The key difference lies in who bears the risk if a customer doesn’t pay—with recourse, the business does; with non-recourse, the factoring company takes the hit. Choosing the right option depends on your risk tolerance and the reliability of your customers.
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