To help understand how factoring companies talk about different parties to a factoring transaction, if you contact us seeking accounts receivable financing, you will be considered the “client.” Throughout the relationship the borrower is the “client.”
So if you are the client then you have “customers” who you provide services or products to and then invoice. Factors make advances on invoices to our client’s customers. Customers are also known technically as “account debtors.” The credit worthiness of the customer/account debtor will be the condition upon which advances are considered.
You are the client, and you have customers, just so we’re clear.