OTHER TERMS BEGINNING WITH "N"

• National Motor Freight Classification (NMFC)

  A tariff that contains descriptions and classifications of both commodities and rules for domestic transportation by motor carriers in the United States.

• Net Funds Employed (NFE)

  The NFE is the balance of outstanding Advances on a Client’s Accounts at any given time. NFE can also refer to a type of pricing factoring companies occasionally offer to clients, whereby the fee charged is based on NFE. However,…

• Net Orderly Liquidation Value (NOLV)

  Net Orderly Liquidation Value (NOLV) is a term used in finance to refer to the estimated value of an asset in a forced sale or liquidation scenario. It is the value that an asset would draw if it were sold.…

• Non-dilutive Financing

  Non-dilutive financing refers to a type of funding that does not result in the issuance of additional equity or ownership dilution for existing shareholders. It allows a company to secure capital without giving up ownership or control. Here are a…

• Non-Notification or Blind Notification

  Non-Notification or Blind Notification is a type of factoring agreement that reduces direct communication between a factoring company and the factoring company’s client’s customer. The fact that the company is using a factoring company is typically not known to their…

• Non-Recourse Factoring or Without Recourse Factoring

  Non-Recourse Factoring or Factoring Without Recourse is an agreement within a factoring contract where the factor's client does not have to pay back the factoring company if an invoice is not specifically paid due to bankruptcy of the client’s customer…

• Notice of Assignment

  The Notice of Assignment is a legally binding notice sent to our client’s customers advising them to redirect payments on all client accounts to ECapital. Under the UCC laws, if a customer pays any other party, they have not relieved…