Import factoring: Difference between revisions

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imported>Doug Williamson
(Create the page: Source: Standard definitions for techniques of supply chain finance report)
 
imported>Doug Williamson
(Amend buyer to factor.)
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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 import factoring, the buyer is based in the same country as the seller.
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.


See also