CEO and Confidential invoice discounting: Difference between pages
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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. | |||
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 == | == See also == | ||
* [[ | * [[Accounts receivable]] | ||
* [[ | * [[Factoring]] | ||
* [[Supply chain finance]] | |||
* [[Invoice discounting]] | |||
* [[Recourse]] | |||
* [[Security]] |
Revision as of 15:52, 25 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.