Factoring Agreement Filed With State In Hillsborough

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

Description

The Factoring Agreement filed with the state in Hillsborough is a legal document that formalizes the relationship between a Factor, a corporation that purchases accounts receivable, and a Client, a corporation that sells merchandise on credit. Key features of this agreement include the assignment of accounts receivable to the Factor, which allows the Client to obtain immediate funds and commercial credit. The form outlines specific conditions under which accounts can be assigned, sales notifications, and credit approvals, ensuring clarity regarding rights and obligations. It serves as a mechanism to manage credit risks and includes terms for commissions and interests on the purchase of receivables. Filling out the form involves entering the date, names of involved parties, and specific terms regarding the assignment of accounts. This document is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who are involved in commercial financing practices, as it provides a structured way to manage and clarify contractual relationships around accounts receivable. Additionally, it assists in legal compliance by requiring proper disclosures and approvals, making it a vital tool for businesses seeking immediate liquidity.
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FAQ

Factor expressions, also known as factoring, mean rewriting the expression as the product of factors. For example, 3x + 12y can be factored into a simple expression of 3 (x + 4y). In this way, the calculations become easier. The terms 3 and (x + 4y) are known as factors.

Export factoring is the process where a lender or a factor buys a company's receivables at a discount. It includes services like keeping track of accounts receivable from other countries, collecting and financing export working capital, and providing credit insurance.

A person can file a quitclaim deed by (1) entering the relevant information on a quitclaim deed form, (2) signing the deed with two witnesses and a notary, and (3) recording the deed at the county comptroller's office. In Florida, quitclaim deeds must have the name and address of both the grantor and the grantee.

Where to send Notice of Commencement. Upload your Notice of Commencement to your application on the HillsGovHub portal. Contact. For further information about Notice of Commencement, call Development Services at (813) 272-5600.

Recorder Offices Clerk of the Circuit Court. 419 Pierce St, Rm 140 / PO Box 3249, Tampa, Florida 33602 / 33601-3249. Brandon Office - Regional Service Center. 311 Pauls Dr, Brandon, Florida 33511. South Shore Office - Regional Service Center. 410 30th St SE, Ruskin, Florida 33570. Plant City Office.

How Do I Add or Change a Name on my Deed? The only way to change or add a name to a deed is by having a new deed prepared.

Identifying a lien If not known, verify owner of record by searching the owner name, address, or folio number of the property on the Property Appraiser's website. Check the property address for liens. Verify and obtain the lien information in the Clerk of Circuit Court Records.

To make a request contact the clerk's office by mail or in person at 419 Pierce Street, Tampa, FL 33602 or by email at recording@hillsclerk.

To make a request contact the clerk's office by mail or in person at 419 Pierce Street, Tampa, FL 33602 or by email at recording@hillsclerk.

By Florida law, the Clerk of Courts in each county is the official custodian of court records. Click here to access the Clerk's Online Services, including official records, civil/family/probate cases, criminal cases and traffic cases, or you may call the Clerk's 24-hour voice response system at (305) 275-1155.

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Factoring Agreement Filed With State In Hillsborough