Unlike factors, forfaiters tend to work with medium-term receivables rather than short-term receivables

Name: Unlike factors, forfaiters tend to work with medium-term receivables rather than short-term receivables
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Forfaiters typically work with export receivables that have a maturity of three to five years, which are considered medium-term rather than short-term. Factors, on the other hand, often deal with shorter-term receivables, such as invoices that are due within 90 days.

Unlike Factors, Forfaiters Tend to Work with Medium-Term Receivables Rather