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NZ Business Finance

Home
Products
Business Loans
Unsecured Business Loans
Secured Business Loans
Vehicle Finance
Invoice Finance
Guarantor Loans
Resources
Upload Additional documents
Request Application
Identity Checking
Decoding your invoice finance facility
Blog
FAQ's
Apply Here
021 284 9994
Edward McKee Wright
6 September 2018
Invoice Finance

What happens if a factored debtor does not pay?

Edward McKee Wright
6 September 2018
Invoice Finance

Unless otherwise agreed, your funder will most likely fund invoices for 30 days past their due date, in some cases longer.  If an invoices is not paid within this period its status changes from approved to unapproved.

If this leaves a shortfall in your available funds it will be deducted from your next payment.

Tagged: recourse factoring

Newer PostHow long do I need to sign up to invoice finance for?
Older PostWill my customers need to know that I am using invoice finance?

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