Import factoring: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page: Source: Standard definitions for techniques of supply chain finance report) |
imported>Doug Williamson (Amend buyer to factor.) |
||
Line 1: | Line 1: | ||
The sale or transfer to a third party (factor) of legal title to accounts receivable from foreign buyers. | The sale or transfer to a third party (factor) of legal title to accounts receivable from foreign buyers. | ||
In import factoring, the | In import factoring, the factor is based in the same country as the seller. | ||
Revision as of 09:30, 21 April 2016
The sale or transfer to a third party (factor) of legal title to accounts receivable from foreign buyers.
In import factoring, the factor is based in the same country as the seller.