Скачать или смотреть Truck Factoring Video Series, Part 2: Types of Factoring

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Welcome back to our series on Truck Factoring. Today I will be talking to you about the types of solutions that EZ Invoice has to offer so you can make the right decision for your company.

We offer an array of truck financing options that are designed to meet your specific needs.

One such option is recourse factoring. This refers to when a company takes on the liability when a customer doesn't pay. The advantage to this option is that it is has the lowest rates, the disadvantage being the cost to you if your customers don't pay. This option is good for larger fleets with the income to cover bad debt expenses.

Another option available from us is non-recourse factoring. This is when the factor, in this case us, would be liable for bad debt expenses from non-paying customers. The advantage here is limited liability, the disadvantage higher rates than recourse factoring. This option is best suited for smaller outfits. We also offer spot factoring, which means that the truck company owner can choose which invoices to sell and when.

Thanks for listening to Part 2 of the truck factoring series. Be watching for part 3 and call us anytime for more information at 1-855-EZ-FACTOR.