APPLICATION OF FACTORING UNDER THE CRISIS CONDITIONS

Enterprises have difficulties in financing the needs for the net circulating capital connected with operating activities during a crisis, as banks under the crisis conditions limit availability of loans. One of the solution is to decrease the needs for the net circulating capital. Factoring is a fin...

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Autores principales: R. Payevska-Kvasny, K. Krechmanska-Gigol
Formato: article
Lenguaje:RU
Publicado: Real Economics Publishing House 2014
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Acceso en línea:https://doaj.org/article/71b1a05e5ca84dff8c0d8cbe4817f7bb
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spelling oai:doaj.org-article:71b1a05e5ca84dff8c0d8cbe4817f7bb2021-11-19T10:41:57ZAPPLICATION OF FACTORING UNDER THE CRISIS CONDITIONS2618-947X2618-998410.17747/2078-8886-2012-6-86-93https://doaj.org/article/71b1a05e5ca84dff8c0d8cbe4817f7bb2014-10-01T00:00:00Zhttps://www.jsdrm.ru/jour/article/view/205https://doaj.org/toc/2618-947Xhttps://doaj.org/toc/2618-9984Enterprises have difficulties in financing the needs for the net circulating capital connected with operating activities during a crisis, as banks under the crisis conditions limit availability of loans. One of the solution is to decrease the needs for the net circulating capital. Factoring is a financial service application of which results in decreasing these needs. The restructured factoring combining the results of the debts factoring (shortening of the payment rotation cycle) and reverse factoring (extension of the commercial obligations performance cycle) is especially useful during a crisis. The article has the results of the studies confirming that the factoring ensures financial safety to enterprises more than a banking loanR. Payevska-KvasnyK. Krechmanska-GigolReal Economics Publishing House articlefactoringfinancial crisisRisk in industry. Risk managementHD61RU Strategičeskie Rešeniâ i Risk-Menedžment, Vol 0, Iss 6, Pp 86-93 (2014)
institution DOAJ
collection DOAJ
language RU
topic factoring
financial crisis
Risk in industry. Risk management
HD61
spellingShingle factoring
financial crisis
Risk in industry. Risk management
HD61
R. Payevska-Kvasny
K. Krechmanska-Gigol
APPLICATION OF FACTORING UNDER THE CRISIS CONDITIONS
description Enterprises have difficulties in financing the needs for the net circulating capital connected with operating activities during a crisis, as banks under the crisis conditions limit availability of loans. One of the solution is to decrease the needs for the net circulating capital. Factoring is a financial service application of which results in decreasing these needs. The restructured factoring combining the results of the debts factoring (shortening of the payment rotation cycle) and reverse factoring (extension of the commercial obligations performance cycle) is especially useful during a crisis. The article has the results of the studies confirming that the factoring ensures financial safety to enterprises more than a banking loan
format article
author R. Payevska-Kvasny
K. Krechmanska-Gigol
author_facet R. Payevska-Kvasny
K. Krechmanska-Gigol
author_sort R. Payevska-Kvasny
title APPLICATION OF FACTORING UNDER THE CRISIS CONDITIONS
title_short APPLICATION OF FACTORING UNDER THE CRISIS CONDITIONS
title_full APPLICATION OF FACTORING UNDER THE CRISIS CONDITIONS
title_fullStr APPLICATION OF FACTORING UNDER THE CRISIS CONDITIONS
title_full_unstemmed APPLICATION OF FACTORING UNDER THE CRISIS CONDITIONS
title_sort application of factoring under the crisis conditions
publisher Real Economics Publishing House
publishDate 2014
url https://doaj.org/article/71b1a05e5ca84dff8c0d8cbe4817f7bb
work_keys_str_mv AT rpayevskakvasny applicationoffactoringunderthecrisisconditions
AT kkrechmanskagigol applicationoffactoringunderthecrisisconditions
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