An agency may prescribe a mileage radius of not greater than 50 miles to determine whether an employee's travel is within or outside the limits of the employee's official duty station for determining entitlement to overtime pay for travel.
DEFINITION of 'Cash-Flow Financing'. A form of financing in which the loan is backed by a company's expected cash flows. This differs from an asset-backed loan, where the collateral for the loan is based on the company's assets. The schedules or repayments for cash-flow loans are based on the company's projected future cash flows.
Cash Flow Financing. A form of corporate financing based upon the cash flow value of a business as opposed to its hard asset value. This form of financing is akin to determining the equity value of the company and then lending up to a certain percentage of the equity value. Often, cash flow financing is based upon a multiple of the businessesâ EBITDA. Corporate Finance Expertise.