Recent content by gregb

Yes, you are correct and we have thought about those possibilities as well. But it sounds like you are saying that a well written agreement eliminates the possibility of a purchased receivable being taken from us in the event of bankruptcy. Is that correct? Many thanks

We are MI based and have a friend who runs a similar company in Arizona. They have asked us if we would be interested in purchasing their receivables thereby acting as a Factoring Company. We’ve never done this but we are interested because of how fiscally well run they are. My question has to...