ACCOUNTS RECEIVABLE FINANCING
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Campbell R. Harvey's Hypertextual Finance Dictionary
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Accounts receivable financing
A short-term financing method in which
accounts receivable
are
collateral
for cash advances. See:
Factoring
.
Copyright © 2000,
Campbell R. Harvey
. All Rights Reserved.
BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin.
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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.
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