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Factoring Business –A Financial Revival Strategy

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Factoring Business –A Financial Revival Strategy


K. Bala Krishna | Dr. Satya Subrahmanyam | Dr. G. Srinivasa Rao

https://doi.org/10.31142/ijtsrd14195



K. Bala Krishna | Dr. Satya Subrahmanyam | Dr. G. Srinivasa Rao "Factoring Business –A Financial Revival Strategy" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-2 | Issue-4, June 2018, pp.1064-1066, URL: https://www.ijtsrd.com/papers/ijtsrd14195.pdf

Factoring is a process of converting accounts receivables into cash .Customers do not prefer cash sales. To increase the customer convenience the institutions are going for credit sales. If these credits are not recovered then it would increase the level of nonperforming assets and thus it results in financial crunch of the organization resulting in liquidation of company. So these institutions are entering into contracts with factors prior planning for credit sales. Thus they are fixing high margins for the products which include the factoring commission. This is the real reason for gaining demand for the factors. These factors are adopting unfair methods for collecting the bad debts which would tamper the image of the institutions and corporate hiring factors .some of the factors assist the companies in maintain accounts, sales ledgers, understanding the credibility of buyers, export documentation, credit administration.

credit administration, bad debts, nonperforming assets


IJTSRD14195
Volume-2 | Issue-4, June 2018
1064-1066
IJTSRD | www.ijtsrd.com | E-ISSN 2456-6470
Copyright © 2019 by author(s) and International Journal of Trend in Scientific Research and Development Journal. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (CC BY 4.0) (http://creativecommons.org/licenses/by/4.0)

International Journal of Trend in Scientific Research and Development - IJTSRD having online ISSN 2456-6470. IJTSRD is a leading Open Access, Peer-Reviewed International Journal which provides rapid publication of your research articles and aims to promote the theory and practice along with knowledge sharing between researchers, developers, engineers, students, and practitioners working in and around the world in many areas like Sciences, Technology, Innovation, Engineering, Agriculture, Management and many more and it is recommended by all Universities, review articles and short communications in all subjects. IJTSRD running an International Journal who are proving quality publication of peer reviewed and refereed international journals from diverse fields that emphasizes new research, development and their applications. IJTSRD provides an online access to exchange your research work, technical notes & surveying results among professionals throughout the world in e-journals. IJTSRD is a fastest growing and dynamic professional organization. The aim of this organization is to provide access not only to world class research resources, but through its professionals aim to bring in a significant transformation in the real of open access journals and online publishing.

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