Filter by Categories
Accounting
Banking

Finance




Undisclosed Factoring


A type of factoring in which the trader’s clients are not notified to pay the factor, but rather continue to make payments to the trader who/ which collects the dues and remits to the factor later on in accordance with the terms and conditions set out in the agreement between the two parties. The clients know nothing about the arrangement between the factor/ trader.

It is also referred to as non-notification factoring or confidential factoring.



ABC
Finance, as a field of knowledge, is substantially wide-ranging and virtually encompasses everything in the realm of corporate finance, financial management, ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*