Why is there a penalty fee at a non-recourse factoring ceiling? - IntrebBT | Banca Transilvania
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Why is there a penalty fee for a non-recourse factoring ceiling?

Penalty fee on a non-recourse factoring ceiling may occur during its execution only if:

➤ a situation of limited recourse arises (commercial dispute) and you do not pay the amount advanced by the Factor within the agreed term;

➤ you record outstanding costs. 😅

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