CEO and Confidential invoice discounting: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create the page. Source: ACT CFF exam April 2015.)
 
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Chief Executive Officer.
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 ==
* [[CFO]]
* [[Accounts receivable]]
* [[Chief Executive Officer]]
* [[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.


See also