Invoice discounting: Difference between revisions
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imported>Martin ODonovan (minor refinement) |
imported>Martin ODonovan (Add link to supply chain finance) |
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* [[Accounts receivable]] | * [[Accounts receivable]] | ||
* [[Factoring]] | * [[Factoring]] | ||
* [[Supply chain finance]] | |||
Revision as of 14:38, 12 July 2013
A form of short term finance secured against trade accounts receivable.
Under invoice discounting, the customer which owes the trade debt need not be informed about the related finance arrangement. In this respect it differs from factoring, under which the customer is made aware of the factoring arrangement.
