What is factoring,its advantages,disadvantages and how to compute the maximum amount of loan or advance by factoring the Accounts Receivable
This part describe the features of factoring, its advantages and disadvantages and illustration on how to compute the maximum loan or advance a firm can get from the factoring company. In Part 2, we see a simple illustration comparing the cost of factoring against bank offer. What is factoring? <!–[if !supportLists]–> <!–[endif]–>A source of short … Read more