Question

what is resourse and Non resource factoring? ​

Answer 1

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In Non-Recourse factoring, a company sells their accounts receivable to a factor, whom then supplies the cash needed to cover the invoices. The difference with non-recourse as opposed to recourse factoring is that the company has no liability with any uncollected invoices. The factor absorbs all the risk.

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Answer 2

Resources factoring make up most of the accounts receivable financing industry. resources is an understanding between you and your factor that your company must buy back receivable that the factor cannot collect payment on.

In non resources factoring a company sells their accounts receivable to a factor , whom then supply the cash needed to cover the involve.