Financing Government Receivables: State Governments Subject to Notification Like Other Account Debtors
Assigning payment rights is a basic concept that enables borrowers to obtain working capital. However, matters can be more complex when working with government departments. Jeffrey Wurst explains a recent decision in a Florida appellate court that requires state government departments to make payments when the debt has been reassigned to a factor if proper procedures have been followed.
July 26, 2017
Government Receivables | Jeffrey Wurst
ABF Journal