Difference between revisions of "Collection Only"
From Open Risk Manual
Wiki admin (talk | contribs) (Initial Entry) |
(No difference)
|
Latest revision as of 23:02, 10 February 2020
Definition
Collection Only. It is an arrangement in which the factor is required to pay the purchase price on the collection date only (that is, with no prepayments). Often goes with non-recourse facility.
