Types of forfaiting
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Types of forfeiting:-
1. recourse in this type of forfaiting only collection of debts the whole risk is of creditor.
2. Non recourse in this risk is to be born by the factor
3. Full factoring in this type the whole risk is to be born by the factor
4. Advance factoring in this type the factoring margin is around 5 to 25 percent.
5. Maturity factoring in this type of factoring services only collection is done by the factor
6. Domestic factoring which is with in the country.
7. Disclosed factoring :- awareness to client about the invoice and other particular
8. International factoring beyond India
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