Posts

Non-Recourse Invoice Discounting Facility v Recourse Invoice Discounting with a separate Credit Insurance Policy

In his latest blog, Mark Barton of our UK associate, Hanwell Atkinson Ltd, assesses the pros and cons of non-recourse invoice discounting compared to recourse invoice discounting allied with a credit insurance policy.

Many companies factoring their invoices also wish to take advantage of credit insurance or bad debt protection and this can be achieved in one of two ways. Some factoring companies offer a non-recourse factoring facility which, as the name suggests, is without recourse to the client in the event of a failure of the customer. Read more