LexisNexis ( February 4, 2020, 12:25 PM EST) -- Accounts receivable financing can be done in a great variety of ways. The most typical pattern is a loan to the assignor secured by accounts on a “nonnotification” basis, where the account debtors make payments to the assignor until notified of the assignment following the assignor’s default. Once notified to deflect payments to the secured lender, the account debtors get into big trouble if they continue to pay the assignor. The other end of the spectrum is a classic factoring arrangement, where the accounts are sold at a discount to the secured lender, and the account debtors are notified up front to make all their payments directly to the lender....