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Factoring Services: All subsequent services are offer through the factor apart from the core service of purchasing receivables.
1) Sales credit management and Ledger administration
2) Credit collection and protection against bad and default debt losses
3) Financial accommodation against the allocated book debts as receivables.
In addition to these services the subsequent services are also being provided through the factor
1) Providing information regarding prospective buyers
2) Providing financial counseling
3) Assistance in sickness prevention and liquidity management
4) Financing acquisition of inventories
5) Giving assistance for opening letter of credit for the client.
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Characteristics of irrelevant costs
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