In several earlier posts I've been following the progress of the New Orleans Receivables Exchange.
The State of Louisiana has now passed some legislation that makes it easier for companies to sell their accounts receivable: here's the text of the Louisiana Exchange Sale of Receivables Act.
And here's an article from Inc. Magazine: A New Liquidity Solution
The State of Louisiana has now passed some legislation that makes it easier for companies to sell their accounts receivable: here's the text of the Louisiana Exchange Sale of Receivables Act.
And here's an article from Inc. Magazine: A New Liquidity Solution
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