FACTORING AS A FINANCIAL ALTERNATIVE - Couverture souple

Nure, Prof Dr. Gazmend; Nure, Gazmend

Couverture souple

ISBN 10 : 1724185640 ISBN 13 : 9781724185648

Editeur : Independently published, 2018

Synopsis

Successful business practice needs continued resources of financial resources. Among many other methods, businesses have begun to use factoring as a financing method. Factoring, as a special financing method, is practiced in practice by factoring contracts. Contacted factoring is a legal transaction based on the duty institute according to which the creditor assigns its receivables to the factor (specialized companies in general).Factoring has some common functions, the first and most important of these functions is the financing function (from suppliers). Other factoring functions as; advance payment, bookkeeping, regarding claims, claim collection, protection against payment failures are also very important. The trading practice has developed numerous forms of factoring deals. Current economic conditions, characterized by credit constraints, make factoring one of the most favorable solutions for businesses. This funding method is one of the ways it takes a short time to negotiate and one of the easiest ways to secure working capital funds, which is one of the most sensitive points for small and medium-sized enterprises. Although it is a well-known financing approach that in Roman times, factorization is still regarded as one of the newest and least popular funding methods that are expanding recently in the former communist countries, including Albania and Kosovo.

Détails de l'édition

• Éditeur: Independently published
• Date d'édition: 2018
• Langue: anglais
• ISBN 10: 1724185640
• ISBN 13: 9781724185648
• Reliure: Broché
• Nombre de pages: 118
• Coordonnées du fabricant: Manufactured by Amazon on behalf of the author; https://www.amazon.fr/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Luxembourg