factoring
IPA: fˈæktɝɪŋ
noun
- A financial transaction whereby a business sells its accounts receivable to a third party (called a factor) at a discount.
- (mathematics) The process of factorization.
Advertisement
Examples of "factoring" in Sentences
- One method, called factoring, involves selling your receivables at a discount, up to 3%.
- The other thing that they're not factoring is there's no guarantee that any oil exists there.
- In other words, by believing that factoring is hard, you’ve fallen victim to yet another argument from authority.
- Finnvera granted the company a counter-cyclical guarantee of EUR 1.5 million, and EUR 2 million of long-term financing and EUR 1 million of a short-term factoring credit were received from a Finnish bank.
- Sears representatives played down the decision by CIT Group Inc., the largest U.S. provider of what are known as factoring services for vendors, saying the payables the firm had financed amounted to only about 5% of the retailer's inventory.
- Finnvera granted the company a counter-cyclical guarantee to the value of EUR 1.5 million, in addition to which a Finnish bank provided the company with long-term financing of EUR 2 million and a short-term factoring credit of EUR 1 million.
- Of the financing, EUR 1.5 million is Finnvera's counter-cyclical guarantee, EUR 2 million is long-term financing and EUR 1 million a short short-term factoring credit from a Finnish bank, and some EUR 0.8 million is short-term credit from an Indian bank.
- Of the financing, EUR 1.5 million consists of a counter-cyclical guarantee granted by Finnvera, EUR 2 million of long-term financing, EUR 1 million of a short-term factoring credit agreement granted by a Finnish bank and some EUR 0.8 million of a short-term credit agreement granted by an Indian bank.
- IFG's private label factoring products include Export Factoring, providing factoring services for companies who export from the United States and Canada; P.O. Funding to finance purchase orders when a company receives a purchase order and needs to purchase supplies to fulfill the order; and Inventory Financing, a solution promoting a company's growth by funding them when they must expand and purchase inventory.
Advertisement
Advertisement