The assignment by a lessee or debtor of accounts receivable to a lessor or creditor as collateral for a specified term and payment amount, resulting in liquidity, which can be used to improve cash flow or make capital equipment acquisitions.
The assignment by a lessee or debtor of accounts receivable to a lessor or creditor as collateral for a specified term and payment amount, resulting in liquidity, which can be used to improve cash flow or make capital equipment acquisitions.