Confidential invoice discounting

From ACT Wiki
Revision as of 14:01, 8 October 2020 by Doug Williamson (Talk | contribs) (Add category.)

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

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