ASSETS BASED LENDING: THE ADVANTAGES AND DISADVANTAGES OF FACTORING

Abstract

In the current context in which businesses are increasingly concerned with resorting to alternative sources of funding, factoring has become an increasingly used and diffused tool in the economic and financial environment. Starting from the definition of the factoring concept, the paper proposes a more comprehensive approach to this type of operations, treating and analysing the types of factoring, in particular the factoring with and without regress, the ways of deployment, the details of each stage of the operation mechanism, the costs and risks to which those involved in the operation are exposed