Accounts receivable financing
A short-term financing method in which accounts receivable are collateral for cash advances. See: Factoring. | ||||
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ACCOUNTS RECEIVABLE FINANCING definition was found in categories: Business & Finance(1)
ACCOUNTS RECEIVABLE FINANCING Definition from Business & Finance Dictionaries & Glossaries
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ACCOUNTS RECEIVABLE FINANCING
Usually a short term loan from a financial institution against the business's current accounts receivable. Many companies use this as a means to obtain short term working capitol.
Usually a short term loan from a financial institution against the business's current accounts receivable. Many companies use this as a means to obtain short term working capitol.