In a standard factoring arrangement, the factor buys the client's receivables outright, without recourse, as soon as the client creates them, by shipment of goods to customers.

Question

Quizplus · Accepted Answer

In a standard factoring arrangement, the factor purchases the client's receivables outright and assumes the risk of non-payment, meaning the client is not liable if the customers fail to pay.

In a Standard Factoring Arrangement, the Factor Buys the Client's