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Scope Of Factoring Services

Scope Of Factoring Services:

Factoring services rendered the following services:

1. Purchase of book debts and receivables.

2. Administration of sales ledger of the clients.

3. Prepayments of debts partially or fully.

finance
[Post Image Courtesy of Vichaya Kiatying-Angsulee at FreeDigitalPhotos.net]

4. Collection of book debts or receivables or with or without documents.

5. Covering the credit risk of the suppliers.

6. Dealing in book debts of customers without recourse.

About Author Mohamed Abu 'l-Gharaniq

when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries.

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