|
Full |
The purchase of a
receivable in its entirety. |
|
|
|
Partial |
The purchase of
immediate installments, with the
seller retaining remaining
installments and/or the balloon
payment. |
|
|
|
Reverse Partial |
The purchase of
future installments, allowing the
seller to continue receiving
immediate installments for a
specified period of time. |
|
|
|
Split Disbursement Partial |
The purchase of a
portion of each installment for a
specified time and amount. Seller
receives the remainder of each
installment. |
|
|
|
Multiple Stage Payout |
The full purchase
of a receivable by means of a
guaranteed staged payout of proceeds
equaling or exceeding the principal
balance. Seller receives stated
payout regardless of the purchased
receivable's performance. |
|
|
|
Multiple Cash Flows |
The purchase of up
to 50% of the cash flow created by
multiple receivables held by a
single seller. |
|
|
|
Short Life Yield |
A method of
calculating a higher buy price on a
long term, Grade A receivable, by
calculating the purchase price of
the receivable as if there were a 10
year balloon payment. |
