THE RENTABILITY ANALYSIS OF A FACTORING OPERATION WITHIN AN ECONOMIC ENTITY

Camelia Cătălina Mihalciuc () and Raluca Steclaru ()
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Camelia Cătălina Mihalciuc: Stefan cel Mare University, Suceava, Romania
Raluca Steclaru: -

European Journal of Accounting, Finance & Business, 2017, vol. 5, issue 15, 37-54

Abstract: The need for capital, financing is one of the most important problems faced by any economic agent - from the smallest trading companies to banks and multinationals, and even states as distinct entities. The first option of an entity that is aware of the need for funding is the use of the local market, mostly through bank loans. But with the tightening of banks' credit conditions for companies, many companies have begun to reorient themselves to other modern finance products that can provide them with the cash needed to carry out their business. In this paper, we will try to conduct a factoring analysis of the factoring operation in a construction company choosing this sector of activity, because in Romania the constructions are presented as the market leader in accessing factoring as a way of financing. The main issues to be addressed in this case study will be: the rentability of the factoring operation, the cost of the factoring operation, the accounting of the main factoring operations, as well as the advantages and disadvantages arising from such a factoring operation.

Date: 2017
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