Distinguish between factoring and forfaiting
Answers
Answered by
1
Explanation:
FACTORING
1) involves account receivables of short maturities.
2) it finance upto 80-90%.
3) it is not a secondary market.
4) it is a type of recourse or non recourse.
FORFAITING
1) involves account receivables of medium to long term maturities.
2) it finance upto 100%.
3) it is a secondary market.
4) it is a type of non recourse.
Similar questions