bad trade
3.Factoring means del credere agency, that is, the seller (vendor) and the factoring company establish a contractual relationship according to which the seller will transfer the accounts receivable engendered by the goods sales / service contract conducted now or in the future by the seller and the buyer to the factoring company, and get at least one of the following services provided by the factoring company: credit risk control and full protection against bad debts, trade finance, accounts receivable collection or sales ledger management.

