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I'm curious, how much would you have paid to be protected from this kind of risk and make sure you'd get your money?
by cataflam 8y ago
I'm curious, how much would you have paid to be protected from this kind of risk and make sure you'd get your money?
- jwatte 8y agoIsn't that what factoring does? That's a well established line of business for a very long time. And because you sell your invoices, the factor now takes the payment default risk. Does cost a penny though.
- shodan666 8y agoIt's not that expensive. Typically just 2-4 % per invoice. It's worth it.