Factoring is that transaction in which the company sells its receivable debt amount to third party. For instance, I want to obtain $15000 from various debtors, when I sell it to ABC bank on $14000. The transaction will be factoring. This is as well our asset. In easy word, factoring is method of conversion of debtor in the liquid asset.
How does global Factoring Work?
When you want to sell your net receivables in international market, you have to divide your debtor into two portions. One is good and other is doubtful. You can deal of credit default swap with doubtful and bad debtors for good debtor; you can also deal of factoring on discount.
Latest technology based Finance Online Tutoring Assistance
Tutors, at the www.tutorsglobe.com, take pledge to provide full satisfaction and assurance in Finance help via online tutoring. Students are getting 100% satisfaction by online tutors across the globe. Here you can get homework help for Finance, project ideas and tutorials. We provide email based Finance help. You can join us to ask queries 24x7 with live, experienced and qualified online tutors specialized in Finance. Through Online Tutoring, you would be able to complete your homework or assignments at your home. Tutors at the TutorsGlobe are committed to provide the best quality online tutoring assistance for Finance Homework help and assignment help services. They use their experience, as they have solved thousands of the Finance assignments, which may help you to solve your complex issues of Finance. TutorsGlobe assure for the best quality compliance to your homework. Compromise with quality is not in our dictionary. If we feel that we are not able to provide the homework help as per the deadline or given instruction by the student, we refund the money of the student without any delay.
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!