What to consider
Factoring is not simply another term loan. Check recourse, fees and customer contact.
Who can help?
Factoring companies. This describes a provider type, not a confirmed DebtHelpers partner.
Questions to ask
- Who carries the risk of non-payment?
- How will customers be contacted?
MAKE THE CONVERSATION COUNT
Three things to have handy
- 1Invoice amounts and expected payment dates
- 2Customer payment history and disputes
- 3Questions about recourse and customer contact