Question

International factoring is also termed as which factoring
a. cross border
b. wide purchase
c. foreign
d. multi country ​

Answer 1

Answer:

International factoring is the process of purchasing an invoice from an exporter in one country and collecting it later from his buyer who is in another country. This means that the exporter has been paid upfront, and the buyer can pay later. There are two versions: single factor and dual factor.

Answer 2

b.wide purchase.

is the correct answer