Difference between revisions of "Factoring Agreement"

From Open Risk Manual
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[[Category:Supply Chain Finance]]
 
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[[Category:Agreements]]

Latest revision as of 13:53, 13 February 2020

Definition

Factoring Agreement. It is the agreement between the finance provider(factor) and a customer setting out the terms on which a factoring arrangement is made available, including scope, charges, operational procedures, and security to be taken.

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