Invoice discounting: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Martin ODonovan (Add link to supply chain finance) |
imported>Doug Williamson m (Spacing 22/8/13) |
||
| Line 1: | Line 1: | ||
A form of short term finance secured against trade accounts receivable. | 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. | 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. | |||
== See also == | == See also == | ||
Revision as of 14:05, 22 August 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.
