Factoring as a Form of Company Financing: The Factoring Market in Slovenia
Anita Koren
Management, 2021, vol. 16, issue 1, 11-15
Abstract:
The world economy, including Slovenia, is currently in an extremely difficult position, as we are witnessing one of the greatest economic crises of all time. Temporary suspension of all business processes, among other things, also reduces the liquidity of companies, which has negative shortterm and long-term consequences for business performance. The inability to settle liabilities due to illiquidity is a problem that can lead to a reduction in the volume of business, to compulsory settlement or, in the worst-case scenario, to bankruptcy. One of the forms of financing available to companies for improving liquidity is factoring, for which the Slovenian market is discussed in the article.
Keywords: factoring; purchase of receivables; source of financing; liquidity (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:mgt:youmng:v:16:y:2021:i:1:p:11-15
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DOI: 10.26493/1854-4231.16.11-15
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