How to Transition from Recourse to Non-Recourse Factoring

The distinction between recourse and non-recourse freight factoring must be understood before beginning the transformation process. Under recourse factoring, if the client causes a default, the trucking company will be responsible for any unpaid debts. In this manner, you are forced to look for a returned bill from the factoring company if your customer doesn't pay. Conversely, non-recourse factoring transfers the risk associated with credit scores to the factoring company.

Read our blog to know more: https://invoicefactoring.wixsite.com/tbsfactoring/post/how-to-transition-from-recourse-to-non-recourse-factoring

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TBS Factoring

TBS Factoring is the leading provider of comprehensive Freight Factoring Services. With a commitment to empowering trucking businesses and companies, we specialize in providing tailored financial solutions. Our seamless factoring services optimize cash flow, streamline operations, and enhance overall business efficiency. Trusted by so many trucking companies nationwide, TBS Factoring is your dedicated partner in navigating the financial landscape of the transportation sector. Choose TBS Factoring for a partnership that fuels your growth and ensures lasting success in your trucking business. Contact us today 8002077661.