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Entity

Non-Recourse

Non-recourse is a type of financing agreement where the lender assumes the risk of non-payment and cannot pursue the borrower's other assets if the invoice is not paid by the client.

Why it’s in the news: It is in the news as a key feature of a freight factoring service that offers quick funding to over-the-road trucking companies.

Explore Non-Recourse in the interactive graph

Latest on Non-Recourse

  • Freight Factoring: Why OTR Funds in 2 Minutes, Non-Recourse

Connections

3 entities linked to Non-Recourse across the news graph.

Also connected to (3)
MinutesOTR FundsFreight Factoring
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