Advertisements
Advertisements
प्रश्न
What is meant by factoring?
What is factoring?
What do you understand by factoring?
लघु उत्तरीय
Advertisements
उत्तर
Factoring implies raising finance through the sale or mortgage of book debts. The finance companies provide finance to business concerns through the outright purchase of accounts receivables. The debtors of the firm make payments to it which in turn forwards them to the finance company.
shaalaa.com
Short-term Sources of Funds - Factoring
क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
