For many small carriers and owner-operators, factoring can feel like a lifeline. You deliver a load today, and instead of waiting 30 to 45 days to get paid, your factoring company cuts you a check ...
However, under a conventional factoring agreement, the supplier makes the delivery and then sells its invoice(s) or accounts receivable (AR) to a third-party, often to a bank or financial institution ...
It is not uncommon that companies with cash flow problems or those that have a desire to be paid on expedited terms assign their accounts receivables as collateral for a secured loan or they factor ...
This article was written in response to questions from my factoring clients regarding whether factoring transactions constitute “true sales” of accounts receivable and, if not, why and what are the ...
Enfield-based STR Holdings has announced that its wholly owned Spanish Spanish subsidiary, Specialized Technology Resources Espana S.A., entered into a factoring agreement to sell, with recourse, ...
The Management Board of Work Service S.A. (hereinafter referred to as: the Issuer, the Company) informs that on this day became aware of signing by the other party Millennium Bank S.A. of annexes ...
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