Another incentive to return home: a cut of the migrants' wages is placed in a Canadian pension fund, receivable only if they return to Mexico.
If a case involves a multinational company with assets abroad, the foreign court could lay claim to the company's funds, receivables or property within its jurisdiction.
For banks, Business Manager provides more effective banking–including funding and receivables management benefits, while controlling risks associated with accounts receivable funding.
"Our expanded relationship with Synchrony Financial will free up cash currently used to fund consumer credit receivables for other uses, while accelerating our ability to deliver engaging credit and payments experiences for our customers.
The company has even resorted to "receivables funding arrangements" - selling invoices at a discount to improve cashflow, an extreme measure not normally associated with a FTSE-100 company.
But none of these issuers has any more than 28% of receivables funded by insured deposits, according to SNL Securities.
Strictly speaking, a pure factoring arrangement has the supplier of funds acquiring the receivables, along with all the risks of nonpayment or late payment.
For example, if you're borrowing money against your receivables to fund growth, you should only secure the loan against your receivables.
It told investors the money would be used to fund the "factoring" of accounts receivable in Brazil.
While we have not varied one inch from our plan to raise $5.2 billion in senior debt and to utilize cash and receivables at Dell to fund our recapitalization proposal, Dell has continued to move the goal posts by implying that more cash is required for our proposal to be implemented.
Fastow dusted off an obscure financial tool previously used to sell credit-card receivables to separately capitalized funds (he'd probably learned about it earlier in his career at Continental Bank in Chicago) and morphed it into the infamous LJM, Chewco and Raptor partnerships.
