Sample Assignment of Accounts Receivable with Recourse

We reproduce a number of contracts and forms that are useful in forming and operating a business with a maximum level of asset protection. From the earliest agreement to start a company to ways to remove valuable assets from a growing business, these forms cover the most popular strategies and gives clues as to how best to structure your operation. Equipment leases and various financing arrangements are also covered, allowing you the greatest protections under the law.

This Sample Assignment of Accounts Receivable with Recourse can be used to quickly remove valuable receivables from the operating entity. Cash paid to the operating entity for the receivables is then quickly withdrawn as payments to the owner (or the holding entity) as salary, rents, loan payments, etc.

Some of these forms contain technical language and create significant legal obligations. Do not use any form without first having an attorney review the form and determine that it is suitable for the purpose for which you intend it.

This sample document include sections on the following:

  • the parties involved and the terms of the assignment
  • the value placed on the reassigned accounts receivable
  • terms for collecting the accounts receivable
  • terms for returning the accounts receivable

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