Export factoring: Difference between revisions
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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 export factoring, the buyer is based in a different country from the seller. | In export factoring, the buyer of the goods is based in a different country from the seller. | ||
Revision as of 09:58, 21 April 2016
The sale or transfer to a third party (factor) of legal title to accounts receivable from foreign buyers.
In export factoring, the buyer of the goods is based in a different country from the seller.
