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November 19, 2019 at 10:14 am
Appreciated excellent efforts…. from Pakistan.
November 1, 2019 at 8:07 am
Thank you sir. Very straightforward lecture
John Moffat says
November 1, 2019 at 9:08 am
Thank you for your comment 🙂
Samuel Koroma says
July 8, 2019 at 12:36 pm
Receivables should be managed in the light of competition as reducing receivables days will result in loss of business with customers. Nonetheless, several factors should be looked at and also making use of invoice discounting (selling invoices) and factoring (employing the service of a third party for receivables management)
April 9, 2019 at 11:21 pm
Sir, I think you mean factor with recourse (not without recourse as in your answer above) is where the company suffers any irrecoverable debts.
April 10, 2019 at 6:39 am
Thanks – it was a typing mistake and I have now corrected it 🙂
April 6, 2019 at 3:47 am
Thank you for the clear explanation of the financing of receivables. Can you please explain the difference between with recourse factoring & without recourse factoring?
April 6, 2019 at 9:38 am
I do explain this in the later lecture (and in the free lecture notes) – this is only the introductory lecture.
Non-recourse (or without recourse) is where the factor suffers any irrecoverable debts, whereas with recourse factoring is where the company suffers any irrecoverable debts.
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