Quarterly report pursuant to Section 13 or 15(d)

DUE FROM FACTOR

v3.22.2.2
DUE FROM FACTOR
9 Months Ended
Sep. 30, 2022
DUE FROM FACTOR  
DUE FROM FACTOR

NOTE 4: DUE FROM FACTOR

Due to/from factor consist of the following:

    

September 30, 

    

December 31, 

2022

2021

Outstanding receivables:

$

423,984

$

579,295

Without recourse

 

83,224

 

361,584

With recourse

 

182,352

 

121,617

Advances

(50,779)

(77,208)

Credits due customers

$

638,781

$

985,288