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| Author: | Carty, P. |
| Title: | Factoring: a flexible friend |
| Journal: | Accountancy
1995 : OCT, VOL. 116:1226, p. 48-52 |
| Index terms: | DEBT MANAGEMENT FLEXIBILITY FACTORING |
| Language: | eng |
| Abstract: | The factoring industry is growing at an enviable rate and is demonstrating great versatility. For an industry that has suffered from a bad image, factoring has been on a roll for some time. "The industry has done well for the almost 30 years I've been in it," says Benn Alle, chairman of the Association of British Factors & Discounters. On average growth has been almost 20% a year since 1981 - a statistic to make other financial industries sicken with envy. |
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