EUROPEAN JOURNAL OF ACCOUNTING, FINANCE & BUSINESS

Motto: Show the world how you think!

Current Issue

The current issue of the journal read...

Authors' guidelines

All you need to know in order to publish in our journal read...

Submission

Here you can submit your paper continue...

Contact

Contact us here...

 

ISSN: 2344 - 102X

ISSN-L: 2344 - 102X



 

Article from Volume 6, Number 2, Year 2018

THE BUSINESS FINANCING THROUGH FACTORING
Download
Author(s): Camelia Mihalciuc
DOI: 10.4316/EJAFB.2018.628
Abstract: Cash flow is the key to the success of every business. As a company grows and needs to speed up cash flow, small businesses generally first turn to banks for financing. However, in the last years, banks can not always fully accommodate a firm's financing needs due to the tough credit standards. Given the circumstances, alternative financing options (such as accounts receivable factoring) can provide the working capital the companies need. Factoring - also known as debt factoring - is a business and also a financing method in which a factoring firm buys debts resulted from the supply of goods and services. In other words, factoring is the cash-management tool of choice for many businesses. Starting from these considerations, an important part of the paper will contain the most significant aspects regarding the evolution of factoring globally during 2007-2017, more precisely in Europe and abroad, as well as the evolution of the volume of factoring operations in Romania.
Keywords: Financing, Domestic Financing, International Financing
References:
Books
1. B?rbu??-Mi?u, N. (2009). Finan?ele întreprinderii, Didactic? ?i Pedagogic?, Bucharest.
2. Bostan, I. (2010). Impactul Sistemului Financiar-fiscal Asupra Derul?rii Schimburilor Comerciale Interna?ionale, Tipo Moldova, Ia?i.
3. Ha?egan, I. (2011). Instrumente Financiar – Bancare Pentru Societ??i Comerciale, Universul Juridic, Bucharest.
4. Popa, I. (2008). Tehnica Opera?iunilor De Comer? Exterior, Economic?, Bucharest.
5. Rentrop & Straton (2014). Marea Carte Verde A Monografiilor Contabile 2014, Rentrop & Straton, Bucharest.
Article From Journals
6. Mihalciuc, C. & Steclaru, R. (2017). The Rentability Analysis Of A Factoring Operation Within An Economic Entity, European Journal Of Accounting, Finance & Business, V(15), 37-54.
Magazine Article
7. Oprean, D. (2015). Factoringul – Form? Modern? De Comer?, Finan?e Publice ?i Contabilitate Magazine, 9, 30-40.
8. Popescu, C. (2016). Factoring – Beneficii ?i Limit?ri, Pia?a Financiar? Magazine, 3 (244)/ March.
Legislation
9. Law No. 246/2009 For Repealing The Law No. 469/2002 On Some Measures For Strengthening The Contractual Discipline.
Internet Source
10. Https://fci.nl/en/about-fci-new_public/about-fci, [accessed At May 27, 2018]
11. FCI Annual Review 2017. Retrieved May 7, 2018 From Https://www.fci.nl/downloads/annual_review_2017.pdf
12. Asociatia Romana De Factoring. Retrieved May 8, 2018 From Http://www.asociatiadefactoring.ro/noutati.
13. Forme De Factoring. Eefin.ro Blog. Retrieved May 17, 2018 From Http://www.efin.ro/factoring/factoring/ghid_forme_de_factoring.html.
 
Back to journal ...

 
     
     
Copyright LP/DET 2023