GLOBAL AND REGIONAL TRENDS ON DEVELOPMENT FACTORING
GLOBAL AND REGIONAL TRENDS ON DEVELOPMENT FACTORING

Summary/Abstract: The real advantages of factoring in general are : improves cash flow, eliminates bad debts, reduces operating expenses, expands working capital, strengthens balance sheet and enhances borrowing potential, improves management information, provides quick alternative source of financing, provides supplemental financing beyond what current lender may be able or willing to provide, funds business growth/expansion without increased bank debt or selling equity , provides immediate access to working capital, enables company to increases sales and profitability, preserves company’s existing lender arrangements, provides professional collection and credit checking support removes or lessen the business costs associated with the collection process, provides complete and detailed reports about accounts receivable portfolio. Diversity and the demands of today's businesses have resorted to factoring, contribute to the emergence of new services and continued integration of new technologies.

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