Tag Archives | Factoring

Factoring of Book Debts: Meaning and Types

In this article we will discuss about:- 1. Meaning of Factoring 2. Factoring Mechanism 3. Functions of a Factor 4. Types of Factoring 5. Benefits of Factoring 6. Cost-Benefit Analysis of Factoring 7. Factoring and Financial Statements. Meaning of Factoring: Factoring is a method of financing whereby a firm sells its trade debts at a […]

Factoring: Mechanism, Types and Benefits

After reading this article you will learn about Factoring:- 1. Mechanism of Factoring 2. Types of Factoring 3. Benefits. Mechanism of Factoring: The mechanism of factoring is summed tip as below: (i) An agreement is entered into between the selling firm and the factor firm. The agreement provides the basis and the scope of the […]

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