Factoring vs Bills Discounting

IE-IFS Factoring, Forfaiting and Trade Receivables Discounting System (TReDS) Free JAIIB Capsule 28 views Updated
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IE-IFS · Factoring, Forfaiting and Trade Receivables Discounting System (TReDS)
Both bills discounting and factoring provide short-term finance against trade receivables. What is the key legal difference regarding the debt itself?
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Both bills discounting and factoring provide short-term finance against trade receivables. What is the key legal difference regarding the debt itself?

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This capsule covers Indian Economy & Indian Financial System, Factoring, Forfaiting and Trade Receivables Discounting System (TReDS). Members get the complete explanation plus every other premium capsule, mock test and PDF.

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