Overadvance

Overadvance
When a company obtains a loan in order to increase their inventory prior to an expected increase in sales volume.

Essentially, an overadvance is a loan amount that temporarily exceeds a company's accounts receivables.


Investment dictionary. . 2012.

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Look at other dictionaries:

  • overadvance — v., overadvanced, overadvancing, n. * * * …   Universalium

  • overadvance — o ver•ad•vance′ v. vanced, vanc•ing, n …   From formal English to slang

  • overadvance — v., overadvanced, overadvancing, n …   Useful english dictionary

  • Senior stretch loan — A senior stretch loan, or overadvance loan, is a hybrid debt instrument consisting of both asset based loan and cash flow loan. Such loans are suitable for two types of companies:*Companies that have substantial asset base but don t have stable… …   Wikipedia

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