Agreement Receivable Statement With Multiple Conditions In Bronx

State:
Multi-State
County:
Bronx
Control #:
US-00037DR
Format:
Word; 
Rich Text
Instant download

Description

A factor is a person who sells goods for a commission. A factor takes possession of goods of another and usually sells them in his/her own name. A factor differs from a broker in that a broker normally doesn't take possession of the goods. A factor may be a financier who lends money in return for an assignment of accounts receivable (A/R) or other security.

Many times factoring is used when a manufacturing company has a large A/R on the books that would represent the entire profits for the company for the year. That particular A/R might not get paid prior to year end from a client that has no money. That means the manufacturing company will have no profit for the year unless they can figure out a way to collect the A/R.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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Loan agreements, both for note(s) receivable and note(s) payable. Check the Finance website for applicable spe- cial condition codes.If applicable, enter the two character code in the box provided on the form. If you pay someone to prepare your return, the paid preparer must also sign it and fill in the other blanks in the paid preparer's area of your return. The filing serves multiple purposes. Intheblanks form required for any matter originating and electronically filed in Supreme or Surrogate's Courts in Richmond County. Queens, or the Educational Opportunity Center in the Bronx. Receivable in the accompanying statement of financial position. BronxWorks helps individuals and families improve their economic and social well-being. Unbalanced bids will not be accepted.

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Agreement Receivable Statement With Multiple Conditions In Bronx