IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-3-030-25139-0_13.html
   My bibliography  Save this book chapter

Stock

In: The Trade and Receivables Finance Companion

Author

Listed:
  • Stephen A. Jones

    (AXS Trade Finance Ltd.)

Abstract

Stock is a significant absorber of cash. Goods often need to be purchased and held in a warehouse for several months pending sale. Stock finance presents a challenge to the financier who has no control over whether, when, to whom and for how much the stock will be sold. In this chapter, we examine how stock may be financed when this is held against call-off contracts. The credit quality of the borrower and ‘credit gap’ between the amount that the financier would be prepared to lend on a conventional ‘balance sheet’ basis and that required in the proposition is discussed; this determines the extent to which the facility is structured or controlled.

Suggested Citation

  • Stephen A. Jones, 2019. "Stock," Springer Books, in: The Trade and Receivables Finance Companion, chapter 13, pages 199-216, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-25139-0_13
    DOI: 10.1007/978-3-030-25139-0_13
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-3-030-25139-0_13. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.