HomeDefinitionsCompareDebt Without Recourse FinancingThe financial definition for Without Recourse Financing:Financing in which the right of recourse to the party receiving funds is forfeited to the party advancing funds. This may be evidenced by conditions added to the endorsement of a draft being sold by an exporter in order to protect the exporter, if the instrument is not paid at maturity by the original obligor. Similar MatchesAccounts receivable financingAccounts receivable financingA short-term financing method in which accounts receivable are collateral for cash advances. See: Factoring. Asset based financingAsset based financingMethods of financing in which lenders and equity investors look principally to the cash flow from a particular asset or set of assets for a return on, and the return of, their financing. Back to back financingBack to back financingAn intercompany loan channeled through a bank. Further SuggestionsBridge financingCofinancing agreements Compensatory Financing Facility (CFF) Debtor in possession financing Export financing interest Federal Financing Bank Financing Corporation (FICO) Click to compare definitions of Without Recourse Financing Click to view definitions beginning wi |