Login or register (free and only takes a few minutes) to participate in this question.You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Annual Accounts (Spain) | | Spanish term or phrase: descuento con recurso de las facturas de clientes | Este prestamo sindicado establece una serie de garantias entre las que destacan:
- descuento con recurso de las facturas de clientes |
|  peterinmadridKudoZ activityQuestions: 3142 ( 13 open) ( 2 without valid answers) ( 108 closed without grading) Answers: 18
| Local time: 08:20
|
| | recourse invoice discounting/recourse factoring | Explanation:
sug. not sure...seems to fit your context
Factorización, descuento de facturas, gestión de deudas con descuento, factoring:
Método que permite a las empresas transferir cuentas a cobrar y otros activos a cambio efectivo. Las cuentas a cobrar y otros activos se venden cada día, semana o mes a una empresa de factorización que adquiere el derecho a las cuentas a cobrar o activos y carga con los riesgos comercial y político de la transacción sin poder recurrir al exportador en caso de incumplimiento por parte del comprador extranjero. En la práctica, la empresa de factorización adquiere créditos comerciales de su cliente y se encarga de cobrarlos. La factorización es conveniente para las empresas que no cuentan con una sección de cobros eficiente. Las empresas de factorización por lo general exigen manejar un gran porcentaje de las actividades de un exportador, suelen trabajar con cuentas a cobrar a corto plazo (hasta 180 días) procedentes en general de la venta de bienes de consumo. En general se trata de cuentas a cobrar nacionales. Véase descuento de bonos a plazo medio.
English: Factoring
http://www.intracen.org/tfs/docs/glossary/fs.htm
--------------------------------------------------
Note added at 1 hr (2006-03-18 16:52:05 GMT)
--------------------------------------------------
Factoring and invoice. discounting, however, was used by less than one in six of. the respondents. ... borrowed in the syndicated loan market, either in the...
www.bankofengland.co.uk/publications/ quarterlybulletin/qb020102.pdf
--------------------------------------------------
Note added at 1 hr (2006-03-18 17:15:51 GMT)
--------------------------------------------------
For longer-term requirements, syndicated loans, revolving credit and foreign-currency... But the more normal practice today is with-recourse factoring, ...
store.eiu.com/index.asp?layout=show_ sample&product_id=280000228&country_id=GB
--------------------------------------------------
Note added at 1 hr (2006-03-18 17:18:13 GMT)
--------------------------------------------------
with recourse factoring/discounting |
| Selected response from:
marybro
Local time: 01:20
| Grading comment Thank you, Mary.
4 KudoZ points were awarded for this answer |
| |
| Discussion entries: 0 |
|---|
Automatic update in 00:
|
16 mins confidence:   peer agreement (net): +3 discount with recourse to customer invoices
Explanation:
x
| Marian Greenfield
Local time: 01:20
Specializes in field
Native speaker of:  English
PRO pts in category: 1524
|
| |
| KudoZ™ translation helpThe KudoZ network provides a framework for translators and others to assist each other with translations or explanations of terms and short phrases. See also: Search millions of term translations  |
| |
The translation workplace 
