Glossary entry

French term or phrase:

capter leurs flux de trésorerie

English translation:

day-to-day banking services

Added to glossary by Rebecca Elliott
Mar 9, 2009 09:44
15 yrs ago
3 viewers *
French term

capter leurs flux de trésorerie

French to English Bus/Financial Finance (general) Mergers and acquisitions
I'm having trouble with the last sentence of this paragraph: "nous ne risquons pas de capter leurs flux de trésorerie pour les soustraire à leurs banquiers habituels". Here it is in full:

• Pour un repreneur, quel est l’intérêt de faire appel à XXX, pour obtenir un prêt?
Notre intervention réduit de moitié le risque que prend une banque quand elle prête à une personne physique ou morale qui souhaite racheter une entreprise. De plus, les banques, lorsqu’elles montent un dossier avec XXX, savent que nous n’allons pas leur faire de concurrence, car les entreprises ne peuvent pas ouvrir de compte chez nous : nous ne risquons pas de capter leurs flux de trésorerie pour les soustraire à leurs banquiers habituels.

Thank you

Discussion

Rebecca Elliott (asker) Mar 9, 2009:
Thank you Thank you Alain. That's helped me a lot.
Alain Pommet Mar 9, 2009:
basic meaning I haven't really got a translation to suggest, but I suppose the meaning is that they are not going to get hold of / harness / use the company's cash flows and take them away from their normal banks (i.e. the banks have nothing to fear from them).

Proposed translations

+1
3 hrs
Selected

day-to-day banking services

...there is no risk of our taking business away from the existing bank as we do not offer day-to-day banking services.

building on the meaning given above by Alain
Peer comment(s):

agree Jack Dunwell : Yes, that's logical, M
7 hrs
Thanks fourth
neutral joehlindsay : This is implied and ok, but if the client is indeed in mergers and acquisitions, the client will probably expect the term 'cash flows' somewhere which is what it says.
2 days 2 hrs
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4 KudoZ points awarded for this answer. Comment: "Thank you - that works perfectly."
1 day 5 hrs

divert cash flow

"It is not a question of our diverting their cash flow from their usual bankers."
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