The Factoring Agreement General Form Calculator in Middlesex provides a structured approach for businesses needing liquidity by selling their accounts receivable. This form outlines the roles of the Factor and Client, establishing clear terms for the assignment of receivables and the responsibilities of both parties. Key features include provisions for credit approval, the purchase price calculation, and guidelines for credit risk assumption. Users must fill in specific details such as dates, names, addresses, and financial terms to tailor the agreement to their needs. The form allows for editing to accommodate unique business situations. Target users such as attorneys, partners, owners, associates, paralegals, and legal assistants benefit from this form as it simplifies complex legal language and provides clarity on financial arrangements. By using this form, legal professionals can ensure that businesses adhere to legal requirements while optimizing cash flow and reducing credit risk.