Non-Recourse Invoice Factoring

What is it?

DirectLenderMatch classifies Non-Recourse Invoice Factoring under the financing form “Receivables purchase.” Its typical use in this directory is: Sell receivables and transfer defined credit risk.

How does it work?

The structure is generally evaluated, supported, or secured using the following basis: Accounts receivable; factor assumes specified credit risk. Exact underwriting, eligibility, terms, and availability are provider-specific and can change.

What can it be used for?

Sell receivables and transfer defined credit risk.

What backs or supports it?

Accounts receivable; factor assumes specified credit risk.

Why does this structure exist?

This structure provides a defined way to address the financing need described above. The provider, transaction, collateral, and underwriting context determine how the structure is implemented in practice.

Important considerations

Confirm current costs, risks, licensing, eligibility, collateral treatment, recourse, tax consequences, and availability directly with the provider and appropriate professional advisers. DirectLenderMatch does not compare rates or recommend products.

Is this actually a loan?

Financing, not a conventional loan

Workbook classification: No. Financing forms such as leases, purchases, shared equity, advances, and guarantees may solve a funding need without being conventional loans.

Verified lenders or providers

Direct factoring provider

Riviera Finance

Riviera Finance currently provides non-recourse invoice factoring and states that it takes the credit risk on factored invoices.

Official evidence page →

Last verified: 2026-08-23

Direct factoring / finance provider

eCapital

eCapital currently documents invoice factoring and specifically distinguishes recourse and non-recourse factoring.

Official evidence page →

Last verified: 2026-08-23