Wednesday, September 27, 2017

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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.

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