International factoring: Difference between revisions

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A variation of factoring, where the buyer is situated in a different country from the seller.
International factoring refers to a situation where:
*The buyer and the seller of goods are in different countries and
*One or more factors are involved in the related financing.


Due to the international character of the debt, two factors are often involved, one in the buyer's country (Import factor) and one in the seller's country (Export factor). The two factors establish a contractual relationship to service the buyer and the seller.  This is called the Two-Factor System.
 
 
==Two factor system==
 
Due to the international character of the debt, two factors are often involved, one in the buyer's country (Import factor) and one in the seller's country (Export factor).  
 
The two factors establish a contractual relationship to service the buyer and the seller.




==See also==
==See also==
* [[Correspondent factor]]
* [[Export factoring]]
* [[Factoring]]
* [[Factoring]]
* [[Factors]]
* [[Factors]]
* [[Correspondent factor]]
* [[GRIF]]
* [[Export factoring]]
 
[[Category:Trade_finance]]

Latest revision as of 15:34, 1 July 2022

International factoring refers to a situation where:

  • The buyer and the seller of goods are in different countries and
  • One or more factors are involved in the related financing.


Two factor system

Due to the international character of the debt, two factors are often involved, one in the buyer's country (Import factor) and one in the seller's country (Export factor).

The two factors establish a contractual relationship to service the buyer and the seller.


See also