Chicago-based Midway has announced that it will sell up to $40 million of its accounts receivable to National Amusements Inc (NIA), providing the publisher with additional cash flow for manufacturing.

The deal will offset the cost of manufacturing Midway’s fall 2008 games lineup, which includes TNA Impact, Blitz: The League II and Mortal Kombat vs. DC Universe (pictured).

"We believe we have a very strong lineup for the fall, and this agreement underscores both our confidence in our franchises as well as the benefit of our relationship with National Amusements," said Matt Booty, Midway’s interim CEO and president. "Our focus at Midway continues to be execution on key fronts - sales, marketing, and product development - that we believe will drive our business success."

Chair of the board Shari Redstone commented, "Midway's lineup for this holiday season represents an important launch pad for the company to regain market leadership. With the additional resources provided through this agreement, I believe Midway will be well positioned to capitalize on the release of these highly anticipated products and lay the foundation for the growth of these franchises."