1.

State The De-merits Of Factoring?

Answer»
  1. It is very costly.
  2. In factoring there are three parties: The seller, the DEBTOR and the factor.
  3. It helps to generate an immediate inflow of CASH.
  4. Here the full liability of debtor has been assumed by the factor.
  5. Factor has the right to take any LEGAL action required to RECOVER the debts. 


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