Factoring against the background of other forms of enterprise financing Cover Image

Faktoring na tle innych form finansowania przedsiębiorstw
Factoring against the background of other forms of enterprise financing

Author(s): Szymon Bielawa
Subject(s): Business Economy / Management, Economic policy, Financial Markets, Accounting - Business Administration
Published by: Szkoła Główna Handlowa w Warszawie
Keywords: factoring; bank credit; financial instruments; credit risk; cash conversion cycle;

Summary/Abstract: Enterprises conducting business use a wide range of solutions based on factoring. The discounting instruments guarantee payment after confirming the existence of a receivable, thus allow for obtaining the funds before the due date indicated on a given invoice. The article presents external sources of financing by comparing the basic banking products in the form of a current account overdraft to the factoring solutions based on the assignment of rights and the subrogation mechanism in financing businesses.

  • Issue Year: 38/2019
  • Issue No: 2
  • Page Range: 107-126
  • Page Count: 20
  • Language: Polish