An arrangement between a business and a financial institution in which the financial institution (or factor) purchases the accounts receivable from the business, and the buyer of the accounts takes responsibility for collection of the accounts. Also called accounts receivable financing.
Related information about old-line factoring:
- What is old-line factoring? definition and meaning
Definition of old-line factoring: An arrangement between a business and a financial institution in which the financial institution (or factor) purchases the accounts ...
- Old-line factoring Definition - NASDAQ.com
Old-line factoring: read the definition of Old-line factoring and 8000+ other financial and investing terms in the NASDAQ.com Financial Glossary.
- Old-line factoring - Financial Dictionary - The Free Dictionary
which is a non-recourse, old-line factoring company based in Canada; Montcap Financial Corporation, which is a recourse factoring company, also based in ...
- old-liners - definition of old-liners by the Free Online Dictionary ...
Old-line factoring · old-liner. old-liners. old-looking · old-maid's bonnet · Old- maid's-pink · old-maidish · old-maidish · Old-maidism · old-man cactus · old-man's - ...
- Types of Factoring
Sep 27, 2011 ... Old-line Factoring This type is also called full factoring, as it provides all kinds of services such as credit protection, short-term finance, etc.
- Factoring
Cash is made available to the client as soon as proof is provided (old-line factoring) or on the average due date of the invoices (maturity factoring). With maturity ...
- About Factoring - Fashion factoring company
Traditional or old-line factoring is fairly straightforward and is designed for ... Because of the credit guarantee, old-line factoring is limited to industries in which ...
- Factoring - Welcome to Capstone
Old Line Factoring. More commonly known as Factoring, this structured transaction has two components. The first is a factoring commission charged against the ...