http://www.itsmybusiness.info/factoring/ It’s My Business Info is a blog about the experiences of entrepreneurs in Yorkshire. Fri, 29 Aug 2008 02:49:07 +0000 http://wordpress.org/?v=2.0.5 http://www.itsmybusiness.info/factoring/#comment-147 Tue, 27 Mar 2007 11:04:04 +0000 http://www.itsmybusiness.info/factoring/#comment-147 Do be careful of personal indemnities where a company's warranties (promises) under the agreement are guaranteed, usually by individual directors. I've had a couple of cases where clients have been visited by huge claims after the company had gone under. I'm not saying that factoring is a bad idea but please read the agreements carefully and sign 'eyes open'. Do be careful of personal indemnities where a company’s warranties (promises) under the agreement are guaranteed, usually by individual directors. I’ve had a couple of cases where clients have been visited by huge claims after the company had gone under. I’m not saying that factoring is a bad idea but please read the agreements carefully and sign ‘eyes open’.

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