The Role of Factoring for Financing Small and Medium Enterprises

Around the world, factoring is a growing source of external financing for corporations and small and medium-size enterprises (SMEs). What is unique about factoring is that the credit provided by a lender is explicitly linked to the value of a supplier's accounts receivable and not the supplier&...

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Bibliographic Details
Main Author: Klapper, Leora
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
GDP
Online Access:http://documents.worldbank.org/curated/en/2005/05/5800536/role-factoring-financing-small-medium-enterprises
http://hdl.handle.net/10986/8939