Mini Bio (1). Ron Reagan was born on May 20, 1958 in Los Angeles, California, USA as Ronald Prescott Reagan. He is an actor, known for Post No Bills (1991), Hollywood Commandos (1997) and Front Page (1993). He was previously married to Doria Palmieri.
A non-recourse loan is defined as a loan where the borrower or guarantors are not personally liable for repaying any outstanding balance on the loan. Non-recourse financing is typically found on longer term permanent commercial real estate loans placed on a stabilized and performing asset.
The Difference between Recourse and Non-Recourse Factoring. Factoring benefits your business in two important ways. First, factoring advances money on your accounts receivable and helps you build up cash flow. Secondly, a factoring company collects payment on those receivables from your customers.