Financing with Receivables: Factoring, Securitization and Collateral

Ioana Benea and Florin Duma
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Ioana Benea: PricewaterhouseCoopers Audit S.R.L.
Florin Duma: Babes-Bolyai" University Cluj Napoca

Finante - provocarile viitorului (Finance - Challenges of the Future), 2013, vol. 1, issue 15, 79-86

Abstract: Short term financing is vital for the financial survival of any company, because very often they are facing deficits of cash during their activity. Therefore a company has to identify the optimal solutions in order to cover those (temporary) deficits. A good solution to this problem is the financing with receivables using factoring, securitization and collateral. In this paper we try to analyze how this types of financing works and which are their advantages and costs. Also, we developed a reasoning pattern in order to evaluate the best receivables financing alternative for the Romanian companies.

Keywords: Short term financing; financial management; liquidity; credit (search for similar items in EconPapers)
JEL-codes: G21 G23 G32 G39 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2013:i:15:p:79-86

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