Comments for

Comment on The Uniform Commercial Code by Infusion Funding

Infusion Funding — Mon, 16 Jan 2017 18:21:13 +0000

Hi Corine, thanks for the question. Technically, the law states that they can’t refuse but in practical terms we have seen situations where a debtor will refuse. In those situations it’s sometimes best to speak with someone else at the accounts payable department as we’ve seen knowledge of factoring vary from individual to individual. Feel free to contact us if you have any other questions!

Comment on The Uniform Commercial Code by Corine Wilber

Corine Wilber — Sun, 15 Jan 2017 15:02:21 +0000

Can a debtor company refuse Clients decision to use a factoring company?

Comment on Types of Companies That Use Factoring by Adam Bockler

Adam Bockler — Wed, 13 Jan 2016 21:24:17 +0000

I have a friend that helped to launch a product. They worked really hard and were finally able to get the product sold at major retail stores. However, they didn’t know that some retailers will only pay you for products they have sold every 120 days. It made a huge dent in their cash flow. I’m sure that medical practices can have the same kind of thing happen to them with insurance payments and have factoring funding. If I ever start my own business, I’ll have to look into these services.