Non-Recourse Invoice Factoring
Under this type of invoice factoring, unlike recourse invoice factoring, Orumfy assumes the risk of customer credit. In a case of default by the customer, the business is not liable to pay anything.
Not all failures to pay will be covered by non-recourse arrangement and those that are will be specified in detail. For example, it’s unlikely you’d be protected if a customer disputes the value of the invoice.