A Practice Note covering maturity factoring, also known as wholesale factoring, a type of factoring typically used by businesses whose customers are manufacturers, distributors, and other companies that operate at the wholesale level. This Note discusses maturity factoring agreements; recourse in maturity factoring, including non-recourse, full recourse, and partial non-recourse; how the factor's purchase price is determined; and the use of average maturity date and weighted average maturity date in determining when the factor pays its client.