What Is an Assignment of Debt?
An assignment of debt is the legal transfer of the right to collect an invoice from you to the finance provider. In factoring, it is a full legal assignment, the provider becomes the legal creditor. In discounting, it is usually an equitable assignment that only crystallises into legal assignment if something goes wrong.
OM
Director, Market Invoice
Oliver leads Market Invoice's editorial and comparison research. With a background in UK commercial finance, he oversees provider analysis, rate verification, and industry reporting across all verticals.
Last reviewed: 21 April 2026