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Accounts Receivable

Today's Must Read
Sam Thacker
According to a study performed by the SBA, the U.S. government significantly increased the amount of purchasing it made with small business owners in 2009 across 5 classes of small business.
Blog Post
Sam Thacker
Before you sell to a megacustomer, you need to understand what you're doing.
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By Don Sadler |  Filed In: Lease Agreements and Contracts Law
As a business owner, you need to know the difference between a capital lease and an operating lease.
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Sam Thacker
Among the most onerous provisions of the recent health care legislation is a provision to require businesses to issue 1099s any business they spend over $600 with. The provision has nothing to do...
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Sam Thacker
Most SBA lenders are putting off borrowers until Congress decides to act.
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Sam Thacker
Across the nation there are possibly millions of workers who have taken jobs they were overqualified for in order to partially close the gap between full unemployment and no employment. There are multiple...
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Sam Thacker
While many wealthy consumers are shying away from luxury items to buy, Museum quality fine art galleries can’t keep their inventories in stock. Lisa Russell of Russell Collection Fine Art tells her story.
Blog Post
Sam Thacker
Historically many lenders haven't enforced this rule. Until now.
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By  | Filed In: Commercial Mortgages and Mortgage Loans
Forty-four U.S. regional banks (assets greater than $1 billion) are at significant risk because of exposure to delinquent or non-performing commercial real estate while the top 53 banks in the country also face...
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Sam Thacker
During the last several months large health insurers have been quietly laying off workers all over the country while outsourcing their jobs overseas and raising insurance premiums. Something is wrong with this picture.
Blog Post
Sam Thacker
The National Association of Credit Management is an often overlooked resource for customer business credit information. The non-profit organization is made up of small and mid-market business credit managers and is a great...
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Sam Thacker
I believe it is a forgone conclusion that the U.S. economy is headed toward the second half of a ‘double-dip recession. The only questions are how deep the second half will be, how...
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Marco Carbajo
Getting ready to apply for funding? Learn the 7 Deal Makers or Deal Breakers before you sign on the dotted line.
Blog Post
Sam Thacker
It's a pervasive myth that the accounts receivable can't be financed.
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Sam Thacker
Mezzanine debt lenders fit in between bank lending and venture capital.
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Time is one of the most precious resources we have and we don’t want to waste it searching through unending reports to identify the issues that require our attention. We waste time and...
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By  | Filed In: Airlines and Air Transportation
The most important three skills a business must have are: 1) The ability to manage people, 2) The ability to manage money, and 3) The ability to sell.High performing companies are strong in...
Blog Post
Time is one of the most precious resources we have and we don’t want to waste it searching through unending reports to identify the issues that require our attention. We waste time and...
Blog Post
Sam Thacker
There are a few leading indicators that bankers use to estimate a growing and shrinking economy. Transportation is one of them. When activity at trucking companies and rail roads picks up, it means...
Blog Post
By Tom Klausen |  Filed In: Accounts Receivable and Billing & Receivables
You need to know before you decide for your business.
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Business Glossary

Definitions for: assignment of accounts receivable
assignment of accounts receivable

the process of writing a promissory note with accounts receivable as collateral. If the note is dishonored, the assignee can collect upon the accounts receivable. In a general assignment, all the receivables serve as collateral. New receivables can be substituted for those collected. In a specific assignment, the parties sign an agreement specifying who will receive collection (assignor or assignee), whether customers will be notified of the arrangement, specific accounts to be collateralize, and the finance charges.

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