There are two general types of factoring, they are:  Recourse Factoring is the most common and most affordable. With recourse factoring, the factoring company will fund the invoices you submit, but will require a refund plus their fees for invoices that aren’t paid within a specific period of time. You get a better rate with recourse factoring because you assume most of the risk. Non-recourse Factoring frees your company of any responsibility for non-paying accounts. This is the more expensive [...]