New Video! Factoring Transactions

Watch this new video discussing factoring, which is a type of financing transaction where accounts receivable (sometimes referred to as accounts or receivables) are sold by the company that originates the accounts to a third party for cash. This allows the company to trade their right to receive payments from their customers in the future for a guaranteed income stream from the third-party factoring provider referred to as the factor. Factoring is an alternative to traditional bank financing of accounts receivable. 

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Related Content

• Asset-Based Lending Resource Kit
  Review this resource kit providing an overview of asset-based lending. Asset-based loans (referred to as ABLs) may be used by a wide variety of businesses, both in terms of size and credit quality, and may also be used for a number of different purposes.

• Advance Factoring Agreement
  Use this advance factoring agreement template where the originating company sells its accounts receivable to a factor before collection of the receivables from the account debtor.

• Security Interests Resource Kit
  Check out this resource kit providing an overview of the creation, perfection, and priority of security interests under the Uniform Commercial Code.

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