{"id":6108,"date":"2024-08-27T13:50:10","date_gmt":"2024-08-27T18:50:10","guid":{"rendered":"https:\/\/suplos.com\/?p=6108"},"modified":"2025-07-14T12:44:39","modified_gmt":"2025-07-14T17:44:39","slug":"key-points-for-drafting-a-factoring-contract","status":"publish","type":"post","link":"https:\/\/suplos.com\/en\/financial-solutions\/key-points-for-drafting-a-factoring-contract\/","title":{"rendered":"Key points for drafting a factoring contract\u00a0"},"content":{"rendered":"

Factoring is a business financing alternative that offers key advantages for organizations seeking to obtain liquidity, save time and optimize invoice collection. When factoring, it is essential to draw up a contract that establishes a clear, secure and fair agreement for both parties. <\/p>\n\n\n\n

Drafting a contract for this process can seem complicated and overwhelming. To ease this transition, it is necessary to know and understand the basics when drafting a factoring contract. <\/p>\n\n\n\n

Characteristics of a factoring contract<\/strong> <\/p>\n\n\n\n

The factoring contract is considered \"atypical\", which means that it is governed by the agreement established by the parties. It is a bilateral contract, therefore, both parties depend on each other and must be committed to the fulfillment of what has been agreed. <\/p>\n\n\n\n

Types of services<\/strong> <\/p>\n\n\n\n

Companies should consider the type of factoring service that their business needs and that is to be agreed upon. Is it recourse, non-recourse, spot or full factoring? Learn more about the types of factoring here.<\/a> <\/p>\n\n\n\n

Important clauses<\/strong> <\/p>\n\n\n\n

It is important to establish key points in the contract, such as the subject matter, rights and obligations of the parties, fees, commissions, terms and other payment conditions. <\/p>\n\n\n\n

Parties involved in the factoring contract<\/strong> <\/p>\n\n\n\n