I have a client with a book of high quality accounts receivables involving insurance claims. Essentially, it’s just a “sit back and collect” type of deal over about###-###-#### months. AR is approx $1.6M Anybody know someone that would purchase this AR? Thanks in advance
Please contact me at --@----.com
High Quality Accounts Receivable
by a searcher
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For example: You could likely at a lower cost of lending (versus selling or factoring) buy credit insurance that covers the receivables with a rider naming the bank as beneficiary. US banks are not accustomed to these policies so it may take some education, however they are becoming more aware.