ADON legal hosted a training session with the best in factoring business
At ADON legal, we are always looking for opportunities to expand our knowledge and expertise in various areas of law. Recently, we had the pleasure of hosting a training session on the subject of factoring and the different models available for businesses. The session was led by Mr. Mario Kan, a senior advisor at the European Bank for Reconstruction and Development (EBRD) with extensive experience in finance and diplomacy.
During the session, we had the chance to examine international trade and factoring from a different perspective and gain a deeper understanding of the additional risks involved in international factoring. This knowledge will be invaluable to our clients who are looking to enter the world of international trade and finance.
Factoring is a financial transaction in which a business sells its accounts receivable to a third party at a discount. It can be a useful tool for businesses looking to improve their cash flow or manage their risk. However, there are many factors to consider when choosing a factoring model, and it’s important to fully understand the options available.