Scope Of Factoring Services:
Factoring services rendered the following services:
1. Purchase of book debts and receivables.
2. Administration of sales ledger of the clients.
3. Prepayments of debts partially or fully.
4. Collection of book debts or receivables or with or without documents.
5. Covering the credit risk of the suppliers.
6. Dealing in book debts of customers without recourse.
Factoring services rendered the following services:
1. Purchase of book debts and receivables.
2. Administration of sales ledger of the clients.
3. Prepayments of debts partially or fully.
[Post Image Courtesy of Vichaya Kiatying-Angsulee at FreeDigitalPhotos.net]
4. Collection of book debts or receivables or with or without documents.
5. Covering the credit risk of the suppliers.
6. Dealing in book debts of customers without recourse.
Scope Of Factoring Services
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Wednesday, September 27, 2017
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