For banks, Business Manager provides more effective banking–including funding and receivables management benefits, while controlling risks associated with accounts receivable funding.
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.
This segment products and services include processing services, new account processing, bill processing, remittance processing and customer care, private label receivables financing, underwriting and risk management and receivables funding.
For example, if you're borrowing money against your receivables to fund growth, you should only secure the loan against your receivables.
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.
The county must establish internal systems to monitor and recover all fees and accounts receivable... to ensure all funds due to the county are recovered.
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.
Given the large fluxes of cash, even these payment methods allow for significant amounts of funds to be receivable at any given time but, again, the financial calculations indicate that this should pose no significant problem to the airline's financial management or cash liquidity.
