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Page 1 of 3 Factoring service of SGF At present, SGF offers its clients "Invoice Discounting",a type of factoring service which comes in three forms: 1. Recourse without notices - SGF purchases invoices from the client without handing notices to client's customers and retains the right to claim payment from the client in the even that the customers refuse to pay the debts. 2. Recourse with notices - SGF purchases invoices from the client and hands notices to client's customers and still retains the right to claim payment from the client in the event that the customers refuse to pay the debts. 3. Without recourse with notice - SGF purchases invoices from the client and hands notices to client's customers. The client is not responsible for the payment if the customers refuse to pay the debts.
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