Audit rights

The factor's right to review business records tied to receivables and funding.

Why it matters

Audit rights can affect operations and privacy obligations. Refusing an audit or failing to keep required records may be treated as a default.

Related terms

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.