%0 Journal Article
%T The Economic Nature of Factoring and its Legal Manifestation in the Bulgarian Legislation and the Convention on International Factoring
%A Emilia P. Dimitrova
%J Acta Universitatis Danubius : Juridica
%D 2011
%I Danubius University
%X The factoring is a sophisticated financial technique and management service designed to facilitate the use of trade credit. This article illustrates the basic factoring services and namely: financing, credit protection, accounting (ledgering) and collection of receivables. It is emphasized, that factoring as a legal phenomenon includes two contracts: a contract for sale of goods or for supply of services between the supplier and its customers (debtors), on the one hand, and a factoring contract between the supplier and the factor, on the other hand.
%K financing function
%K credit risk
%K provision of administrative and accounting services
%K factoring
%U http://journals.univ-danubius.ro/index.php/juridica/article/view/839/750