Are you in the business of factoring purchasing accounts receivable from other companies at discounted value? Appoint brokers to locate and refer potential factoring clients to you with this
USA Broker Agreement for Factoring.
- The factoring agency is under no obligation to purchase accounts from any client referred from the Broker.
- The Broker's only compensation will be a commission, calculated as a commission of the monthly gross factoring fees, including late charges, for each of the clients referred by Broker and accepted by the agency.
- The parties agree to waive trial by jury in the event of any action arising out of the Agreement.
This USA Broker Agreement for Factoring template is provided in MS Word format, and is fully editable to fit your particular circumstances.