This article covers the essence of factoring. The need for its use by Ukrainian businesses for the purpose of quick … evidenced by the proportion of accounts receivable and payables in the balance sheet. The use of factoring as an up-to-date form …

Originally – being over 4,000 years old – factoring was first used in the fertile territory of old Mesopotamia at a … the old continent until they collected the invoices. In Romania factoring started to play a major role in financial … operations for it led to the increase of liquidities on the market. According to the Romanian legislation, factoring is a …