Involvement Of Factors In Receivables Insurance As Exemplified By Poland (Ijmss Book 2)
Presents the results of survey conducted among factors associated in the Polish Factors Association. Their share in the whole factoring market in Poland in 2008 amounted to 70%. The interest of factors in receivables insurance depends on the kind of factoring transaction. They are more often involved in receivables insurance with regard to transactions of higher risk. The main reason indicated by ...
File Size: 147 KB
Print Length: 19 pages
Publisher: SPEAK Foundation; No.1(ISSN-22490191) edition (July 1, 2012)
Publication Date: July 1, 2012
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actors why they are not involved in receivables insurance is the refusal to accept the limit by the insurer. Admittedly, the use of factoring receivables insurance would grow if the competition on this market was tougher. Factors appreciate the insurance advantage. They notice that it may result in higher security of their business, improving at the same time the competitiveness of their offer.