in fact, it is a transaction that cannot be fully called usury. usury seems to fit better with banking transactions. in factoring, the receivable company sells it to the factoring company for a certain amount less than it will receive the rights on this receivable. the factoring firm carries out the follow-up of the receivable. the difference is the profit of the factoring company. as with many financing techniques, the anglo-saxons found it.
it is the field of activity of people for whom the definition of polite and legitimate moneylenders suits rather than legal usurers, and it would be a superfluous behavior for normal peeps like you and me to think how much cash these people make.
factoring
factoring
a company's financing by selling its trade receivables..
factoring
the only way to get money from italians.
factoring
in fact, it is a transaction that cannot be fully called usury. usury seems to fit better with banking transactions. in factoring, the receivable company sells it to the factoring company for a certain amount less than it will receive the rights on this receivable. the factoring firm carries out the follow-up of the receivable. the difference is the profit of the factoring company. as with many financing techniques, the anglo-saxons found it.
factoring
legal usurer
factoring
a financial term. that's as far as my knowledge goes..
factoring
it is the field of activity of people for whom the definition of polite and legitimate moneylenders suits rather than legal usurers, and it would be a superfluous behavior for normal peeps like you and me to think how much cash these people make.
factoring
"would you like us to collect your receivables for you?", "shall we follow up your promissory notes for you?" an so on..
factoring
loan sharking.