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The role of factoring for financing small and medium enterprises

Empirical tests find that factoring is larger in countries with greater economic development and growth and developed credit information bureaus. The author finds that creditor rights are not related to factoring. The author also discusses reverse factoring, which is a technology that can mitigate the problem of borrowers' informational opacity in business environments with weak information infrastructures if only receivables from high-quality buyers are factored.

Link http://www-wds.worldbank.…64258546&theSitePK=523679
Author Klapper, L.
Date 01-May-2005
Institute World Bank
Tags SME, credit, business, bank

See also

  1. The Role of Credit in the Development of Small and Medium-Sized Enterprises in Belarus: Estimating the State of the Microfinance Sector
  2. Regulatory environment and tendencies of development of small and medium enterprises in Belarus.
  3. New Business Sectors in ICT
  4. A more complete conceptual framework for financing of small and medium enterprises
  5. Business in Belarus 2007: Status, Trends, Prospects

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