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FRANKLY SPEAKING Posted 19 years ago
Business & Finance

Factoring debts - Working Capital

0I have a few questions which need to be explained .02br
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01font00102font00-Factoring debts , i read this in a book " Factoring debts is widespread in America and growing elswhere . "02br
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00Would you give me examples about that from the real life ?02br
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01font00202font00-Working Capital . 02br
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00Would you explain it to me ?02br
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00I will appreciate it , 01b00T02b00hanks 01b00I02b00n 01b00A02b00dvance .0-
  

Top answer

0Factoring - companies can 'sell' their outstanding invoices to 'factors'. They get slightly under the invoice value but the factor gets all the hassle of chasing the customer for payment. 02br 02br 00Working capital - current assets minus current liabilities.

— Nona the brit

  • 0Factoring - companies can 'sell' their outstanding invoices to 'factors'.
  • They get slightly under the invoice value but the factor gets all the hassle of chasing the customer for payment.
  • 02br 02br 00Working capital - current assets minus current liabilities.
  • The amount actually available for a company to use.
  • e.
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2 Answers
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0Factoring - companies can 'sell' their outstanding invoices to 'factors'. They get slightly under the invoice value but the factor gets all the hassle of chasing the customer for payment. 02br
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00Working capital - current assets minus current liabilities. The amount actually available for a company to use. i.e. If other companies owed me £2000 and I owed other companies
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0Good is done 02br
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00Thanks so much , I've gote what i want .02br
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00Well , i am sure now that the name says it 0-
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