Factoring Agreement Filed With Court In Contra Costa

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

Description

The Factoring Agreement filed with court in Contra Costa outlines the relationship between a Factor, who purchases accounts receivable, and a Client, who sells merchandise on credit. This agreement facilitates the Client's access to funds by allowing the Factor to assume ownership of the receivables, thus enabling the Client to receive immediate cash flow. Key features include the assignment of accounts receivable, sales and delivery obligations, credit approval, and terms regarding commission rates and payment schedules. The agreement also stipulates the handling of returned merchandise, the responsibilities of both parties in terms of credit risk, and conditions for termination. Filling instructions include providing comprehensive details about both parties and the assignment terms. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who seek to ensure accurate and efficient transactions in the structuring of financial arrangements, while also providing guidelines regarding compliance and record-keeping.
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FAQ

Please tell us as much as you can about what you are looking for, and tell us how we can reach you, including by email. Fill out and send a Request for Judicial Administrative Records form to the Public Information Officer by fax at (925) 608-2658 or by email at: mediainfo@contracostaurts.ca.

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Factoring Agreement Filed With Court In Contra Costa