Thursday, October 28, 2010
Recourse and Non-Recourse Nurse Staffing Accounts Receivable Factoring: What's the Difference?
Accounts receivable factoring is quite common in the temporary nurse staffing industry these days. It's an brilliant path for nurse staffing agency owners to bridge the cash flow gap that's made when their clients (hospitals, nursing homes and vendor management systems) capture months to pay for the staffing services. However, as common as nurse staffing accounts receivable factoring is, one of the most misunderstood concepts of the financing arrangement is the difference between recourse and non-recourse factoring. More information: click
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