The Role of Factoring for Financing Small and Medium Enterprises

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
Format: Policy Research Working Paper
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ACCOUNTING
ACCOUNTING STANDARDS
ACCOUNTS
ASSETS
BALANCE SHEET
BALANCE SHEETS
BANK CONTRACTS
BANK LENDING
BANK LOANS
BANKING SECTOR
BANKING SERVICES
BANKING SYSTEM
BANKRUPTCY
BANKRUPTCY LAWS
BANKS
BORROWING
COLLATERALIZATION
COLLECTION SERVICES
COMMERCIAL BANKS
COMMERCIAL CREDIT
CONTRACT ENFORCEMENT
CREDIT APPROVAL
CREDIT RISK
DEBT
DEFAULT RISK
DEPOSITS
DEVELOPED COUNTRIES
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIES OF SCALE
EMERGING MARKETS
EMPLOYMENT
EXCHANGE RATE
FACE VALUE
FACTORING
FINANCIAL INSTITUTIONS
FINANCIAL SERVICES
FINANCIAL SYSTEMS
GDP
GDP PER CAPITA
GROWTH RATE
IMMEDIATE LIQUIDITY
INCOME
INSURANCE
INTEREST RATE
INTEREST RATES
INVENTORY
LABOR COSTS
LAWS
LIABILITY
MANAGEMENT INFORMATION SYSTEMS
PORTFOLIOS
PROFITABILITY
REAL GDP
REGIONAL BANKS
RISK MANAGEMENT
RISK SHARING
SAVINGS
SECURITIES
TECHNICAL ASSISTANCE
TRANSACTION COSTS
WORKING CAPITAL
Online Access:http://documents.worldbank.org/curated/en/2005/05/5800536/role-factoring-financing-small-medium-enterprises
http://hdl.handle.net/10986/8939

Internet

http://documents.worldbank.org/curated/en/2005/05/5800536/role-factoring-financing-small-medium-enterprises
http://hdl.handle.net/10986/8939

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