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Ian from Equal Business Credit explains that a Notice of Assignment (NOA) is a one-time notification from your factoring company to your customer, informing them that payments should be made directly to the factor. This letter is typically sent at the beginning of the relationship to formalize the change in remittance information. While some may worry about customer reactions, most accounts payable departments are familiar with factoring companies and understand the simple adjustment needed to pay at the new address provided by the factor.