Question
Why would an exporter choose to factor its receivables without recourse. It can get more money now than if it waited to collect It wants
Why would an exporter choose to factor its receivables without recourse.
It can get more money now than if it waited to collect
It wants to avoid paying taxes on the proceeds
It can use the cash to invest in the business and not wait for customer payments
It benefits the client and improves the chances of future sales
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Financial Informatics An Information Based Approach To Asset Pricing
Authors: Dorje C Brody, Lane Palmer Hughston, Andrea Macrina
1st Edition
9811246483, 978-9811246487
