Receivable Assignment
Last updated
Last updated
For borrowers with limited origination history and a single credit facility, receivable assignment is a relatively straightforward part of the funding request or borrowing base generation process.
However, receivable assignment becomes significantly more operationally and financially complex as fintech startups and other lenders bring on new credit facilities or decide to keep some of their originations on their own balance sheet.
Finley's application supports receivable assignment across multiple facilities, which enables borrowers to optimize their assignment pledging across different lenders.
To use the receivable assignment feature, navigate to the Assignments module and click Edit Assignment.
From there, you will be given a choice to assign receivables in the application, or by CSV.
Finally, you can confirm your assignments in the application.
