Receivables securitisation

Assets - tradable securities - receivables finance.

Receivables securitisation is a form of receivables finance.

Securitisation generally means converting non-tradeable assets that are converted into into tradable securities.

In the case of receivables finance, the underlying non-tradeable assets that are converted into into tradable securities are customer receivables.

Common forms of receivables finance products - receivables securitisation

"Receivables securitisation is generally suitable for a relatively granular and diverse pool of customer receivables of at least $50-75m+ and preferably without significant customer concentrations (although structural tweaks can be available to deal with this).

The structure often uses a special purpose vehicle to buy and sell receivables."

Unleashing the power of receivables finance: a guide - The Treasurer online - November 2023.

See also

• Assets
• Collateral
• Collateralise
• Concentration
• Factoring
• Granular
• Receivables
• Receivables finance
• Receivables purchase
• Securitisation
• Securitisation special purpose vehicle
• Securitise
• Security
• Special purpose vehicle (SPV)
• Structural

Other resource

• Unleashing the power of receivables finance: a guide - The Treasurer online - November 2023