Quarterly report pursuant to Section 13 or 15(d)

DUE FROM FACTOR

v3.22.2.2
DUE FROM FACTOR
6 Months Ended
Jun. 30, 2022
DUE FROM FACTOR  
DUE FROM FACTOR

NOTE 4: DUE FROM FACTOR

Due to/from factor consist of the following:

    

June 30, 

    

December 31, 

2022

2021

Outstanding receivables:

 

  

 

  

Without recourse

$

517,994

$

579,295

With recourse

 

220,098

 

361,584

Advances

 

264,053

 

121,617

Credits due customers

 

(72,156)

 

(77,208)

$

929,989

$

985,288