Asselbergh, Greet - In: The European Journal of Finance 8 (2002) 1, pp. 2-20
factoring are examined. Indeed, following the trade credit management literature both institutional and macro economic …, factoring is mainly used by small and medium-sized companies. Moreover, when looking at the characteristics of the factor … factoring being a last resort means of finance is, however, not supported: companies that decide to use factoring are indeed …