Blog

Web Definitions of Invoice Factoring:

  • The sale of your invoices for immediate cash.
  • The process of purchasing commercial accounts receivable (invoices) from a business at a discount.
  • The selling of a company’s accounts receivables to a third party, in order to obtain funding.

Web Definition of “NON-RECOURSE” Invoice Factoring:

  • Factoring where the funding source purchases receivables and assumes full credit risk for non-payment by a customer.

Our  Definition of  Factoring:

  • Help businesses grow by offering a TRUE Non-Recourse factoring program along with an Accounts Receivable Management service, to offer a combination of quick cash flow and back office assistance unmatched in our industry.

CLIENT VS. CUSTOMER

CLIENT:  The business that sells their invoices to Eagle.

CUSTOMER:  The business that is responsible for paying the invoices.