factoring services

brianbennett863

Does the commission rate for factoring services increase if the payment is overdue by the Buyer over the zero day?

JasmineHart

Hmm, as far as I know, the buyer can get a fine.

edwardbarnett

I think that everything depends on what conditions the supplier has put forward. After all, each order and transaction is individual.
My friend recently applied to a factoring company and also slightly overdue the payment. However, the supplier met him halfway and forgave him for the late payment. The relationship between the parties must be confidential. Perhaps you should also contact Florida factoring.
In any case, it is worth carefully reading the contract and discussing the terms of the transaction. So be careful.