DEVELOPMENT AND TENDENCIES OF FACTORING MARKET
Journal Title: VADYBA - Year 2015, Vol 26, Issue 1
Abstract
Factoring is a modern tool to finance an enterprise on a short-term basis by accelerating the breakdown of liabilities, while not raising the debt of an enterprise. In the sixties of the twentieth century, there was a sharp increase in the usage of factoring when various types of services regarding the purchase of goods “on credit” became widespread. The purpose of the paper is to analyse the current state and development tendencies of factoring market in the world and in the Slovak Republic. The main data sources are the databases of the Factors Chain International and Association of Factoring Companies in the Slovak Republic. Statistical methods, such as base index and percentage indicators were utilized in the empirical section. In addition to analysis, research methods of synthesis, comparison and compilation were employed.
Authors and Affiliations
Koišová Eva, Ivanová Eva
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