Negative Cash Flow is when cash flow into a business is less than the cash being spent over a specific time period. You will also hear the term Burn Rate being used in startups.
A tariff that contains descriptions and classifications of both commodities and rules for domestic transportation by motor carriers in the United States.
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,…
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 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…
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…
