What does a commercial factoring company do?

Commercial factoring companies refer to companies that can do import and export factoring, domestic and offshore factoring and related factoring consulting.

Commercial factoring institutions pay more attention to providing a series of comprehensive services such as investigation, collection, management, settlement, financing and guarantee. Pay more attention to a certain industry or field, provide more targeted services, pay more attention to the quality of accounts receivable, the reputation of buyers, the quality of goods, etc. , rather than the qualification of the seller, thus completely transferring the risk of unsecured and bad debts.

Tips: The above contents are for reference only.

Response time: February 8, 2022. Please refer to the latest business changes announced by Ping An Bank in official website.