Difference between revisions of "Confidential invoice discounting"

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(Create the page. Source: ACT CFF exam April 2015.)
 
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A form of invoice discounting under which the customer which owes the trade debt is not informed about the related finance arrangement.   
 
A form of invoice discounting under which the customer which owes the trade debt is not informed about the related finance arrangement.   
  
Invoices are sold to the discounter on a with recourse basis.
+
Invoices are sold to the discounter on a with [[recourse]] basis.
  
  
Sometimes the invoices may not be sold at all, but simply offered as security for a loan facility.
+
Sometimes the invoices may not be sold at all, but simply offered as [[security]] for a loan facility.
  
  
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* [[Supply chain finance]]
 
* [[Supply chain finance]]
 
* [[Invoice discounting]]
 
* [[Invoice discounting]]
* [[Recourse]]
 
* [[Security]]
 

Revision as of 12:02, 26 June 2015

A form of invoice discounting under which the customer which owes the trade debt is not informed about the related finance arrangement.

Invoices are sold to the discounter on a with recourse basis.


Sometimes the invoices may not be sold at all, but simply offered as security for a loan facility.


See also