Factoring Accounts Receivable: Why Factors Require Personal Guarantees

Posted by Jon Walla on Thu, Oct 03, 2013

 

Factoring Accounts Receivable: Why Factors Require Personal Guarantees

If you’re reading this blog you are most likely a small to medium sized business owner or financial associate within a business searching for financing. You could be searching for an explanation why there are certain requirements when factoring accounts receivable. You might possibly just wondering why Factors require a personal guaranty.

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Tags: Personal Guarantee, Accounts Receivable Factoring, Recourse Factoring