Quarterly report pursuant to Section 13 or 15(d)

DUE FROM FACTOR

v3.22.1
DUE FROM FACTOR
3 Months Ended
Mar. 31, 2022
DUE FROM FACTOR  
DUE FROM FACTOR

NOTE 4: DUE FROM FACTOR

Due to/from factor consist of the following:

    

March 31, 

    

December 31, 

2022

2021

Outstanding receivables:

 

  

 

  

Without recourse

$

494,004

$

579,295

With recourse

 

152,436

 

361,584

Advances

 

300,743

 

121,617

Credits due customers

 

(68,142)

 

(77,208)

$

879,042

$

985,288