Advantages of factoring from company point of view From the view point of the firm, factoring offers the following advantages 1. Collection service Many firms find it difficult
The growth of a company depends largely on its liquidity. Many business projects, sales and credit expansion are hindered by lack of immediate cash. Today, the companies which
Differences between factoring and forfaiting Eventhough factoring and forfaiting involve financing of trade, they both differ in certain aspects explained below. Factoring and Forfaiting: 1. Factoring is both