Full Service Factoring
From Open Risk Manual
Revision as of 10:28, 13 July 2021 by Wiki admin (talk | contribs)
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.