Factor the receivables of a business with this package of Assignment of Accounts Receivable forms which contains two templates:
- Assignment with Recourse. The assignee has recourse to re-transfer back any customer account which is not paid in full within a specified time period, and the assignor will buy them back for the amount of the unpaid balance.
- Assignment Without Recourse. The assignor does not have the option to take back the accounts if they remain unpaid. The right to collect the unpaid accounts remains with the assignee.
An assignment of your accounts receivable is a quick way to increase cash flow during slow periods. These are downloadable forms that you can use again and again.
Last Updated: 11-March-2022