Confirming or reverse factoring is presented as the opposite tool to factoring, since confirming manages the payment invoices instead of managing the collection invoices. The confirming or reverse factoring, is the alternative that companies have to manage the payments that they owe to their suppliers and that these have [...]
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Factoring is an alternative for companies to outsource the collection of invoices from their customers and obtain liquidity from them. Three parties are involved in this type of contract: the "assignor" company requesting the factoring requirement, the factoring entity or "factor" and the "assignees".
Financial Glossary: What is factoring? Read more "
The Banking Pool is a report in which companies give a detailed account of all the bank financing products they have contracted, whether they are debts with banks, savings banks or credit cooperatives; in other words, any entity supervised by the Bank of Spain or the European Central Bank. This is a
