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Is it factoring anti-banking business?

Journal: Business Education in the Knowledge Economy (Vol.2, No. 1)

Publication Date:

Authors : ;

Page : 56-60

Keywords : factoring; factoring business; Factor; Bank; factoring company; participant on the factoring market;

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Factoring is very different from the already familiar banking products. It`s a difficult product. Since It represents a complex of services. There is an opinion that «this product is not for the bank». However: is it true? The article deals with the specifics of factoring over other traditional banking products, its features, as well as the problems of the organization department of the factoring bank. Also considered: why factoring can be interesting for the banks and the main differences from the bank`s factoring company.

Last modified: 2017-10-06 15:07:52