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Factoring as a bank’s financial instrument
Journal: Business Education in the Knowledge Economy (Vol.2, No. 2)Publication Date: 2016-06-01
Authors : Kazakov Ruslan;
Page : 40-44
Keywords : factoring; debtor; bankruptcy risk; sharing collateral rights;
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Abstract
The article is dedicated to the question of using factoring as a banks' financial instrument in order to get competitive advantages at the bank's market. The article covers key concepts related to factoring. Also, the article mentions those economical conditions which are positive to launch factoring service. Moreover, the article describes the target audience and working scheme of factoring. Furthermore, the article describes advantages and perspectives of the factoring usage in Russia
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Last modified: 2017-10-07 21:39:39