Attorney fees

Legal costs the contract may require one side to pay in a dispute or collection action.

Why it matters

Attorney-fee provisions can increase the cost of defaults, disputes, and early exit. Review whether fees are one-way, mutual, capped, or uncapped.

Related terms

Related article: Default clauses in factoring agreements

Related reading

Sources

  • International Factoring Association - International Factoring Association. Accessed 2026-05-19. Industry association source for factoring terminology and industry context.
  • Secured Finance Network - Secured Finance Network. Accessed 2026-05-19. Industry education source for secured finance and asset-based lending context.
Financial disclaimer. This page is educational only and is not financial, legal, tax, accounting, or credit advice. Factoring terms vary by provider and contract. Read the full disclaimer.