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Many suppliers have been unable to get loans from private financial institutions that refuse to use receivables from G.M. and Chrysler as collateral.
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Dechow et al. (1995) additionally subtract the change in receivables from the change in revenue, as they claim that management can also manage revenues using receivables.
Asset-based lenders use your receivables as collateral.
Ordinarily, they use those receivables from carmakers as collateral to borrow working capital.
This company, which has a sales force across the country, lends money to small businesses and uses their accounts receivables and inventories as collateral.
"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.
Rather than working in a browser, Receivables Exchange uses Adobe Air as a rich Internet client user interface launched from a desktop icon.
To recall, something will be accepted by the court as evidence it is, to use Montrose's term, receivable as evidence in legal proceedings—only if three basic conditions are satisfied: relevance, materiality and admissibility (Montrose 1954).
Therefore we need to develop a permanent systems of receivables financing, using one of the established accounting systems.
Use only those accounts receivable who owe something to you.
They were especially leery of asset-backed commercial paper, which sometimes uses mortgages and credit card receivables as collateral.
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