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"Factoring"


Published 5/30/2006


Factoring Can Help Your Finance.
Factoring is an important corporate finance activity. The term, Factoring, is not easy to define precisely because of two reasons. Firstly, the concept of Factoring is evolving rapidly. Secondly, Factoring is a generic term used to describe a number of related financial services, which are modified or added upon according to changing dimensions of market forces. Broadly speaking, Factoring is the business concern in which a financial company buys invoices of a seller of business services or goods at a discount and takes responsibility for collecting the payments due on them.



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