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Legalseas
Our shipping law insights provide legal and market commentary, addressing the key questions and topics of interest to our clients operating in the shipping industry, helping them to effectively manage risk.
Making your customer receivables more "financeable"
for a receivables purchase facility
The Banking Law Journal
United States | Publication | September 2020
Receivables financing may be a more easily-obtained source of liquidity for a company facing a credit crunch, and, depending on the creditworthiness of a company’s customers, may provide a less expensive source of financing for companies that do have access to credit. This article discusses ways that a company can make its receivables more easily “financeable” in order to qualify for a US receivables purchase financing.
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