Finance is not available in the following factoring services
a. Without recourse factoring
b. With recourse factoring
c. Invoice Discounting
d. Maturity Factoring
Answers
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18
Answer:
Maturing factoring is the correct answer
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Answered by
1
The correct answer is OPTION D: Maturity Factoring.
- Maturity factoring, also known as collection factoring, is a type of factoring service in which the client sells his invoices to the factor, who subsequently pays the client on the maturity date or at any time after the maturity date for those invoices.
- In this factoring agreement, the factor does not offer the client any money upfront.
- When the collection period expires or the receivables are collected, whichever comes first, the factor pays the client for the receivables.
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