Depending on the size of the facility we will sometimes require personal guarantees. We typically require at least a validity guarantee, which makes certain promises regarding the state of your receivables [...]
A client is the company that signs the agreement with the factor and provides the goods or services. A customer is the company that buys goods or services [...]
Traditionally, factoring has been found in the textiles, trucking, wholesale and staffing industries, to name a few. In all these industries, companies were required to pay vendors before [...]
Harper Partners (“Harper”) is a leading provider of working capital financing to companies across many different industries. We enable businesses to get paid immediately for outstanding invoices by advancing funds [...]
Factoring is the sale of accounts receivable at a discount. It's often used interchangeably with several other terms including invoice factoring, receivables factoring, invoice financing, or receivables financing. All the terms effectively mean [...]
No, not at all! Factoring or AR financing, can be traced as far back as the Code of Hammurabi in 1,754 B.C. It’s the purchasing of commercial paper, [...]