blanket assignment definition

blanket assignment definition

Glossary: blanket assignment

Blanket Assignment is a legal transfer of ownership of all accounts receivable, both present and future as collateral for funding.

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Business Consulting

Definition: blanket assignment

Factoring provides cash to your business with no time delay from issuing invoices as well as sales ledger and collection services.

Accounts Receivables Financing (Factoring): The invoices you issue upon a sale are sent to the factor who typically advances up to 80 to 90% of the invoice amount to you.

Factoring Glossary - Define: blanket assignment - 2004 HJ Ventures International, Inc.