Trending Content - Private Equity Forum
Career Resources
WSO Free Modeling Series - Now Open Through
May 31, 2026
9 Free Financial Modeling Lessons
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
+Bonus: Get 27 financial modeling templates in swipe file
+Bonus: Get 27 financial modeling templates in swipe file
High Finance Applications
Guaranteed
Get at least one offer GUARANTEED
- 1:1 support
- 92% success rate
- 2,000+ mentor network
- Unlimited Live bootcamps
- AI for resume + LinkedIn
- Networking automation tools
- HireVue simulation tool
- Full course library
- Private Slack community
- 20hrs of mocks
- + much more...
bump
If the company has a invoice discounting facility granted, the bank will seek to mitigate the concentration on a single customer to a certain % (typically defined once the facility is granted). However, technically it's not a covenant as the company presents the invoice to the bank and from time to time the bank decides whether or not to discount the invoice. Perhaps it can be defined as a 'operating limit' of the credit line.
Incidunt laudantium omnis eligendi qui ut laudantium est alias. Ad sit et vel occaecati enim iste distinctio dolor. Deserunt quod odit corrupti quia harum qui minus qui. Officia magnam corrupti ipsam sed quod corrupti sed est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...