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Contemporary tendencies of the international factoring development in Russia and in the world

Available online: 4 March 2010

Subject Heading: FACTORING

JEL Classification: 

The article is devoted to one of the modern financial services: international factoring. Based of international statistics, the author analyses the current market situation and suggests probable development forecasts. The article highlights main particularities of international factoring and describes its functioning scheme; also in the article is analyzed the role of this service in the development of international trade. The author compares factoring and loan services, revealing their advantages and disadvantages for the international business.

Keywords: Accounts receivable, bank, factoring, financial service, international trade, risk of nonpayment

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ISSN 2311-8709 (Online)
ISSN 2071-4688 (Print)

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