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Advance Against Collections

Authors :
Stephen A. Jones
Source :
The Trade and Receivables Finance Companion ISBN: 9783030251383
Publication Year :
2019
Publisher :
Springer International Publishing, 2019.

Abstract

A documentary collection is a method by which the banking system is used by the seller to collect payment from the buyer. Financing collections can often provide a better alternative for the financier than lending on overdraft given the control, visibility and capture of proceeds.

Details

ISBN :
978-3-030-25138-3
ISBNs :
9783030251383
Database :
OpenAIRE
Journal :
The Trade and Receivables Finance Companion ISBN: 9783030251383
Accession number :
edsair.doi...........dc0a28dd6a2c37001be3622688d33de9
Full Text :
https://doi.org/10.1007/978-3-030-25139-0_4