Medro Updates
Invoice Factoring: Assign the Review Before Relying on Proceeds
By Don McClain, Founder & Principal of Medro Advisors and author of the forthcoming book FUNDED.
Medro Advisors outlines how owners can coordinate invoice evidence, receivable reconciliation, legal review and provider confirmation before relying on factoring proceeds. The review assigns each open question to the appropriate person and keeps proposed funds separate from confirmed availability. Funding is not assured.
Primary source: https://www.federalreserve.gov/publications/files/bhc-3071-3150.pdf#page=23
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Led by Don McClain, Founder & Principal of Medro Advisors.