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At First Capital, we are so
confident in the integrity of our processes that we accept the
risk of non-payment due to credit default on approved accounts
receivable. |
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Credit Default Swaps on Accounts Receivable
A Credit Default Swap is similar to an accounts
receivable insurance policy, but with advantages: |
- No defenses to payment relating to financial inability of
the account debtor to pay
- Payment is "prompt" on a certain
date
- Cost effective
Benefits to clients include: |
- Certainty of amount and timing of payment
- Improved terms on receivables
securitizations
Call us about your financing needs: 1-800-619-0804 |
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