With recourse factoring, you're responsible for the debt if your customers don’t pay. With non-recourse factoring, the factoring company accepts the loss for nonpayment. Many, or all, of the products ...

Invoice factoring lets you get cash for unpaid invoices in exchange for a percentage of the invoiced amount. Factoring can either be recourse, where you'll owe the full invoice amount if your customer ...

Discover the differences between recourse and non-recourse loans, their implications, pros and cons, and how they can impact your financial decisions.

For many small carriers and owner-operators, factoring can feel like a lifeline. You deliver a load today, and instead of waiting 30 to 45 days to get paid, your factoring company cuts you a check ...

AUSTIN, Texas, April 17, 2024 /PRNewswire/ -- 1st Commercial Credit, LLC is excited to announce the launch of its new affiliate, Nationwide Commercial Credit, Inc. This Texas-based firm is dedicated ...