摘要
International factoring is an alternative method of international settlement and financing provided by factors to exporters or importers. In terms of its particular advantages, international factoring is now widely used in effectively improving cash flow, avoiding bad debts, reducing operation expenses and increasing financing capital. This article starts with the background of international factoring, then goes deep into the meaning and relative merits of it. Finally, it is attempting to stress the significant use of international factoring again.
International factoring is an alternative method of international settlement and financing provided by factors to exporters or importers. In terms of its particular advantages, international factoring is now widely used in effectively improving cash flow, avoiding bad debts, reducing operation expenses and increasing financing capital. This article starts with the background of international factoring, then goes deep into the meaning and relative merits of it. Finally, it is attempting to stress the significant use of international factoring again.
