MODEL FOR THE PHASED DEVELOPMENT OF EXPORT FACTORING IN COMMERCIAL BANKS

Abstract

In international trade, deferred payment terms have increased the importance of effective working capital management for exporting enterprises and the stability of settlements with foreign buyers. Export factoring supports corporate liquidity through the assignment of monetary claims to a financial agent. Non-recourse arrangements also make it possible to redistribute credit risks among the parties within the scope of the relevant agreements. Accordingly, examining opportunities for the gradual improvement of pricing and risk management mechanisms in factoring services remains a relevant research objective.