types of factoringthe factoring facilities can be
Types of Factoring
The factoring facilities can be largely categorized in four groups that are as follows:
1) Full service non-recourse (old line)
2) Full service recourse factoring
3) Bulk agency factoring
4) Non notification factoring.
Expected delivery within 24 Hours
ageing schedule as is classifies outstanding accounts receivable at a specified point of time into various age brackets a clarifying ageing schedule
receivable management is a specialized activity and needs various time and effort on the part of the firm collection of receivables frequently poses
factoring services all subsequent services are offer through the factor apart from the core service of purchasing receivables1 sales
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types of factoringthe factoring facilities can be largely categorized in four groups that are as follows1 full service non-recourse old
full service non recourse in this method the book debts are purchased through the factor assuming 100 percent credit risk in case of default through
full service recourse factoring in this kind of factoring the client has to bear the risk of default made through the debtors there the factor had
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advance factoring and maturity factoringin both recourse and non-recourse factoring whether the factor advances cash against book debts to the client
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