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A customer insolvency can turn booked revenue into a working-capital problem almost overnight. With secured lenders reporting rising non-accruals and recent failures exposing unpaid receivables, the question of who ultimately absorbs that loss is becoming increasingly important. A sale has...
#asset based lending#bad debt#borrowing base
LSQ, a leading provider of working capital and payments management solutions, recently originated a US$3m accounts receivable credit facility for…
#accounts receivable#Chris Collins#credit management