Agreement General Form Contract With State In Maricopa

• Category: Contracts - Factoring
• State: Multi-State
• County: Maricopa
• Control #: US-00037DR
• Format: Word; Rich Text

Description

The Agreement general form contract with state in Maricopa is a comprehensive document designed for the sale and assignment of accounts receivable between a factor and a seller (client). It outlines the responsibilities and rights of both parties, including the assignment of accounts receivable, credit approval processes, and the handling of returned merchandise. Key features include provisions for the purchase price calculation, the factor's rights to collect accounts, and detailed instructions for reporting and accounting. Filling and editing the form require entering specific names, addresses, and dates, as well as understanding credit limits and commission percentages. This agreement is particularly useful for attorneys, partners, and owners involved in business financing, as well as paralegals and legal assistants who support these professionals by preparing documents and managing transactions. It helps facilitate cash flow management for businesses that typically operate on credit, allowing for better financial stability and operational efficiency.