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Factoring Agreement (Retail-Advance)

Book Publication Date: Oct 2020
Description: Example of a factoring contract that provides for advances by the factor prior to the maturity date and covers retail accounts
Type: Contracts
PLI Item #: 40575
Practice Area: Asset-based lending, Bank loans, Banking and finance, Financing, Securitization, Structured finance

Keywords: "factoring contract"; advances; "maturity date"; "purchase of accounts"; retail accounts; sole factor; future and present accounts; approved receivables; assignment; vendor; lienor; credit risk; credit date; UCC; collateral; factoring agreement

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