How Do I Get A Job In Factoring, I Have No Experience And What Can I Expect With The Job?


2 Answers

Aisha Profile
Aisha answered
Factoring in financial markets refer to firms that purchase accounts receivable portfolios from different companies on a non-recourse basis. Thus, a factoring broker is a person or a company that take a companies' accounts receivable invoices to the financing firms, that specialize in factoring. Your job would include taking a company's accounts receivable portfolio and acting as an agent on behalf of that company so that it can be factored by a factor. You don't need any experience to start off with, not even an office, or special equipment. You would just need to build up contacts with such firms, and then become their agents. You can work freelance or with a factoring firm. Here is a link that will help you out further.
Deanna Hupp Profile
Deanna Hupp answered

Factoring in monetary markets demote to firms that buy
accounts receivable portfolio from dissimilar companies on a non-recourse
basis. Your job would comprise taking a company's accounts receivable collection
and ... Although having a criminal record can limit the number of jobs
available to you, the system does allow. ... I Have No Job and Bad praise And I
Need Cash Now.

Answer Question