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If you're currently with another factor and looking to transition to Eagle Business Credit, we'll be happy to help you with this buyout process. Let's talk a little bit about that. First of all we'll need to look at the contract that you currently have with your factor. There may be a period in there, a contract term, and there may be a termination penalty. We'll all want to understand that before we proceed. Again if you haven't already, please share that contract with us. We'll review it and discuss it with you. Once everybody's happy that we're good to proceed what we'll do, again with your permission, is speak to your existing factor and request that they provide us with a payoff or termination agreement. That document is going to need to be signed by three parties: your current factor, us as the incoming factor, and also you as the client. And what it serves to do is make a very smooth transition. We're members of the International Factoring Associat...
