Minneapolis Minnesota General Form of Factoring Agreement - Assignment of Accounts Receivable
Category:
State:
Multi-State
City:
Minneapolis
Control #:
US-0270BG
Format:
Word;
Rich Text
Instant download
Description
This form is a factoring agreement for the assignment of accounts receivable. Factoring is a financial transaction in which a firm sells its accounts receivable invoices to a third party called a factoring firm at a discount, so that it receives immediate money to continue its business. The factoring firm pays a percentage of the invoices immediately. Firms often factor receivables to improve their cash flow.
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