In the event of default, any collateral or receivables factored, receive treatment as salvage values, χ.
It offers loans, deposits, securities, investment banking, financial products, property collateral evaluation, receivables management, credit guarantee, leasing, and credit card services.
The salvage value (any collateral or factored receivables) associated with the loan portfolio is denoted, χ.
It then packaged those receivables into collateral for bonds and sold the bonds to investors, who received interest derived from the insurance payments.
They were especially leery of asset-backed commercial paper, which sometimes uses mortgages and credit card receivables as collateral.
KDB's credit line, like Korean Air Lines' loan, also takes Hanjin Shipping's accounts receivables as collateral, KDB said.
They might, for example, lend to a manufacturer that has no collateral other than the receivables it expects to get from its customers.Repackaging loans identified, priced and managed by the banks is, therefore, a waste of their talents.
Asset-based lenders use your receivables as collateral.
Because its commercial loans are backed by collateral like inventory and receivables, CIT (nyse: CIT) has suffered minimal credit losses.
With state banks unwilling (or untrained) to assess loan risk at smaller businesses, these enterprises must often turn to this other network for guarantees as well as collateral and financing of receivables.
