Difference between revisions of "Full Service Factoring"
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== Definition == | == Definition == | ||
| − | '''Full-Service Factoring'''. It is a form of | + | '''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. | ||
[[Category:Supply Chain Finance]] | [[Category:Supply Chain Finance]] | ||
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.
