NSW Factoring and Invoice Discounting Face to Face 2 Day Program

Overview and Learning outcomes

There has been substantial growth in the use of factoring and/or invoice discounting arrangements.  This course is relevant to those people who provide a factoring and/or invoice discounting arrangement as well as those people who utilise such an arrangement.

·         Differentiating between the types of factoring and invoice discounting arrangements that may be offered to prospective clients

·         How to effectively communicate to clients the different policies and procedures that the client would need to follow depending upon the type of product provided

·         Strategies to ensure that clients understand how legal assignment will vary depending on the type of product

·         What information should be provided to debtors when an arrangement has been entered into with a client

·         The advice that should be given to debtors of the debt recovery process that will be followed as a result of the introduction of the factoring and/or invoice discounting arrangement

·         How to manage the relationship between the client and the factor and/or invoice discounter and establish ongoing monitoring procedures