{"iri":"http://lmss.sali.org/R9TrVTLjfQnxkv8JTX6c9L2","id":"R9TrVTLjfQnxkv8JTX6c9L2","label":"Factoring Agreement","definition":"A Factoring Agreement is a financial arrangement where a business sells its accounts receivable, or invoices, to a third-party factoring company at a discount. This agreement outlines the terms and conditions under which the factoring company will advance funds, collect payments, and charge fees, providing immediate liquidity to the original business.","prefLabels":[],"altLabels":[],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RDt4vQCYDfY0R9fZ5FNnTbj","label":"Document / Artifact"},"parents":[{"iri":"http://lmss.sali.org/RVoyN9hN3m5gy3So01ZEZ8","id":"RVoyN9hN3m5gy3So01ZEZ8","label":"Debt Agreement"}],"children":[],"relations":[],"url":"https://lmss.io/tag/R9TrVTLjfQnxkv8JTX6c9L2/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}