Full Service Factoring: Difference between revisions

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Latest revision as of 10:28, 13 July 2021

Definition

Full-Service Factoring. It is a form of Factoring in which the factor provides the assignor with all the following services relative to the receivables assigned:

  • an advance of a percentage of the amount of receivables assigned
  • receivables management
  • collections, and
  • credit protection.