[bdshaw]

Most factors become a credit depatment for their clients. If a factor won't buy invoices from a particular debtor, that's what they're called, you should strongly think about not doing business with them. All of we factors would like to advance as much money as possible but if our credit folks turn your client you may still do business with them and carry the collection yourself.
Tedfundy is correct that its not difficult to find approved debtors.
Bob Shaw
Iron Horse Credit
rshaw@ironhorsecredit.com
734-929-3800

[ChuckM]

Most factors become a credit depatment for their clients. If a factor won't buy invoices from a particular debtor, that's what they're called, you should strongly think about not doing business with them. All of we factors would like to advance as much money as possible but if our credit folks turn your client you may still do business with them and carry the collection yourself.
Tedfundy is correct that its not difficult to find approved debtors.
Bob Shaw
Iron Horse Credit
rshaw@ironhorsecredit.com
734-929-3800

Well said Bob.