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Factoring

The factoring of accounts receivables has become commonplace in many business sectors. But without the proper legal foundation, Factoring industry stakeholders face serious financial risks. To mitigate these risks, it is critical for companies across the Factoring industry to secure informed legal counsel regarding the structuring of the factoring transaction and legal protections needed in factoring documentation.

Schuyler, Roche & Crisham has extensive experience in the Factoring industry, with knowledgeable attorneys who understand the risks associated with factored transactions as well as the legal strategies that are necessary to protect our clients’ interest in the manufacturing, service, trucking and other industries. Our Factoring group attorneys regularly create and negotiate purchase agreements and security documents, and advise clients about issues that can jeopardize their lien position in the accounts receivable and the collect out of the accounts. Our Factoring industry clients can also call upon our roster of experienced litigation attorneys if court action is required to collect the accounts or protect our clients security interest.

As a leading Chicago firm, we have the agility to apply a multi-disciplinary approach to the challenges our Factoring industry clients are up against. In many cases, this enables us to anticipate issues and obstacles before they occur, further strengthening the security of our clients’ position.

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