siti umiul ni'mah (11220096)
Factoring Mechanism
In a factoring agreement , there
are several parties involved, namely:
1. Factor is a factoring company ( factoring ) which will purchase
receivables from clients ( companies ) that need ;
2. The client is the person or legal entity that would sell the
bill to the factors through an agreement ( factoring agreement) ;
3. Consumer or customer is sesesorang or legal entity that make
buying and selling to clients who agreed payment is not delivered to the client
, but keoada factor.
Factoring or factoring mechanism
here is the process or procedure offers accounts receivable , accounts
receivable shift , until repayment.
