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what is the difference between recourse and non-recourse discounting?

April 26, 2017difference discounting non-recourse recourse

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what is the difference between recourse and non-recourse discounting?

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Recourse discounting forces you to pay back any outstanding cash on any invoices which are defaulted upon by your clients through dispute or insolvency. Non-recourse discounting offers an additional insurance service which protects against such an outcome.