Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

The "Devil's Dictionary" is a quick-reference guide for commercial lenders and other restructuring professionals. In this series, we highlight many of the buzz words found in the Dictionary and used ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. "Without recourse" is a term used in financial agreements to indicate that one party cannot ...

Once a carrier has made the decision to use freight bill factoring to improve cash flow, it quickly becomes a choice between using recourse or non-recourse factoring. At first glance, non-recourse ...

As mentioned in the inaugural post of The Carveout, non-recourse loans will include a non-recourse carveout providing protection for the lender in the event the transfer provisions in the loan ...