Recourse Factoring

From Open Risk Manual
Revision as of 23:03, 10 February 2020 by Wiki admin (talk | contribs) (Initial Entry)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)

Definition

Recourse Factoring. It is a form of factoring in which the credit risk on the debtor remains with the assignor. The part of the receivable retained by the factor covers specific risks such as dilution.