View the list of Sample Business Letters

Assignment of Accounts Receivable (With Recourse)

Disclaimer: Be aware that some of these sample letters have legal, financial, or other implications. If you are not sure about the use of any letter, consult with an appropriate professional first.

Assignment of Accounts Receivable (With Recourse)

(With Recourse)

FOR VALUE RECEIVED, the undersigned hereby sells and
transfers all right, title and interest in and to the
account(s) receivable as annexed; to _.
_, the undersigned warrants that said account(s) are just
and due and the undersigned has not received payment for same
or any part thereof.
It is further provided that if any said account does not
make full payment within _ days, said account(s) may be
retransferred to the undersigned and the undersigned shall
repurchase same for the balance then owing on said account(s).
Signed under seal this _ day of _, 19_.




Reprinted with the permission of . All Rights Reserved.