Sentence examples for sold receivables from inspiring English sources

Thus in 2002 the engineering concern Halliburton sold receivables, boosting cash from operations by $180 million.

Armstrong said it was evaluating options ranging from selling assets and businesses to obtaining secured financing and selling receivables to raise cash to meet the obligations.

But in Peregrine's case, the company was selling receivables it knew to be fake, and it often promised the banks to which it was selling them that it would cover any nonpayment from its customers.

What about selling receivables for cash?

Despite the close similarity, in practical terms, to taking out a loan, selling receivables counts toward operating cash flow.

This newly launched exchange that lets entrepreneurs sell receivables to the highest bidder could attract a following of capital-hungry businesses and investors seeking safety.

Eighteen months ago Pierce turned to an alternative form of financing called factoring the process of selling receivables at a discount to raise quick cash.

But it turns out that there is a long and respectable tradition of selling receivables; it's called "receivables factoring," and a quick Google search will reveal plenty of people in the business.

Jason and Panther would pay a fee for each card issued, or, if they sold the receivables to the bank, take a cut of the profits for collecting from the debtors.

They hold credit balances with CIT after selling their receivables to the firm but receiving only a portion of the payment upfront.

So Nabbr turned to Receivables Exchange, which since late 2008 has offered an online marketplace that allows businesses to sell their receivables to institutional investors, with the buyer gaining the right to then collect what is owed on that invoice.