Consruction Factoring Helps Builders During Downturn

Most factoring companies don't expect to buy 100 percent of a company's receivables

, and there are no minimum or maximum sales volume requirements. Upon receipt of invoices, the factor checks the credit of the debtor named on the invoice and makes sure that the sale represented has been satisfactorily completed. Once this is done the debtor is advised of the purchase by the factoring company and the client receives their funding.

Consruction Factoring Helps Builders During Downturn

By: Kristin Gabriel

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