मराठी

What is Meant by Factoring ? - Commerce

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प्रश्न

Answer the question briefly.
What is meant by factoring?

टीपा लिहा

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
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
2017-2018 (March) Set 1

संबंधित प्रश्‍न

Briefly explain any two sources of short term finance.


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