THE PRIORITY DIRECTIONS OF NATIONAL ECONOMY DEVELOPMENT
FACTORING – THE MODERN WAY OF COMPANY FINANCING
Jana Beňušová, Alena Antušáková
Abstract: Every enterprise, regardless its business activities, is faced with the issue of financial resources. Nowadays, a huge pressure is exerted on entrepreneurs from two directions. On the one hand, in order to keep pace in competitive fight, they have to offer variety of benefits to consumers, such as deferred payment. On the other hand, there is often the lack of operating capital because of provided supplier credit, which prevents flexibility, new investments and thus prevents the further growth of the company. The enterprise is under such pressure forced to request a loan and risks the failure of complying payment deadlines to its own suppliers. In these problematic situations, the factoring emerges as a convenient alternative way financing.
Keywords: factoring, overdraft, instruments of financing, sources of funding
Published: p. 311-318
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