Economics and Business Management
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Factoring
Author: Paulo Nunes (Economist, Professor and Business Consultant) Contributions: without contributions ... if you are an expert in this field help us to enrich our site ... contact us knoow.net@gmail.com Date Created: 25/05/2011 Summary: zzzz... see full article Key words: management, Comment or read other comments on this article |
Factoring |
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Factoring Concept Factoring is a funding activity developed by a specialized financial institution in the purchase of short term credits that the companies detain over the correspondent clients and other debtors. In acquiring those credits, these institutions assume the correspondent recovery, assuming or not the risk of failure in the payment by the debtors.
Translated from Portuguese by Susana Saraiva, Portuguese-English and English-Portuguese translation specialist. Contact: spams@sapo.pt.
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