When the factoring company can make a claim against the firm that sold them the accounts this is called _____ arrangement

Question

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In a recourse factoring arrangement, the factoring company can make a claim against the firm that sold them the accounts if any of the customers don't pay their debts. This is different from non-recourse factoring, where the factoring company assumes the risk of non-payment and cannot make a claim against the selling firm. Notification and non-notification refer to whether or not the customers are informed of the factoring arrangement.

When the Factoring Company Can Make a Claim Against the Firm