If you read the CMS postings below, there was some discussion of assigning receivables to third parties. Lisa mentioned it also about assigning debts. It is called receivables financing. It is usually used by companies that want some continuity to their cash flow, but have client's that do not always routinely pay on time.
The receivables are sold to a third party called a Factor who will pay you a portion of the debt. The spead between the amount he pays you and the amount he collects from the debtor is his fee.
It seems with all the complaints of problem accounts on SOT that it is fertile ground for a Factor.
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