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ksec
2477 days ago
Is there a similar term for Cash Receivables not from Credit / Debit Card but from Business to Business 30 Days credit?
2 comments
toasterlovin
2477 days ago
Asset Based Lending is the blanket term for borrowing against receivables and/or inventory:
https://en.wikipedia.org/wiki/Asset-based_lending
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unilynx
2477 days ago
Factoring ?
https://en.wikipedia.org/wiki/Factoring_(finance)
link
clairity
2477 days ago
factoring comes in different flavors too. for instance, you can flat-out sell future aaccounts receivables (at a discount, so it has an imputed interest rate), or you can use it as collateral for a loan (with an explicit interest rate).
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