due diligence definition

due diligence definition

Glossary: due diligence

Due Diligence is the verification of information and its documentation given to a factor in order to facilitate a decision as to whether or not a particular invoice should be purchased. Factors always want to take as little risk as possible and want to be assured that the money they advance would be paid back.

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Business Consulting

Definition: due diligence

Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

Accounts Receivables Financing (Factoring): The factor manages your invoices and provides you with credit control and collection services of all your outstanding debts.

Factoring Glossary - Define: due diligence - 2004 HJ Ventures International, Inc.