Skip to main content

Assignment of Factoring Proceeds and Intercreditor Agreement


Book Publication Date: Oct 2020
Description: Example of an agreement by which a third party (a bank) makes the advances to the borrower, secured by the factoring credit balance
Type: Contracts
PLI Item #: 40576
Practice Area: Asset-based lending, Bank loans, Banking and finance, Financing, Securitization, Structured finance

Keywords: "factoring agreement"; third party; bank; "purchase of accounts"; advances; borrower; factoring credit balance; loans; advances; bank of advances; net proceeds; accounts receivable; chargebacks; collateral security; "intercreditor agreement"

Thank you for exploring PLI PLUS.
The content on this page is only available to subscribers.

To learn more about PLI PLUS subscriptions
please click on the link below or contact us at PLUS@pli.edu.