Bitcoin Forum
August 14, 2018, 07:50:56 AM *
News: Latest stable version of Bitcoin Core: 0.16.2  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 4 5 6 7 »  All
  Print  
Author Topic: [ANN] re:factor - New Asset in Global Crypto Economy  (Read 616 times)
BittyBoBitty
Full Member
***
Offline Offline

Activity: 142
Merit: 100


View Profile
May 25, 2018, 04:01:55 PM
 #1























BOUNTY PORTALS
BLOG
WHERE BOUNTY MANAGEMENT
MEETS AUTOMATION
SIGNATURE CAMPAIGNS
TWITTER
FACEBOOK
MEDIA CAMPAIGNS
AND MORE!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1534233056
Hero Member
*
Offline Offline

Posts: 1534233056

View Profile Personal Message (Offline)

Ignore
1534233056
Reply with quote  #2

1534233056
Report to moderator
BittyBoBitty
Full Member
***
Offline Offline

Activity: 142
Merit: 100


View Profile
May 29, 2018, 06:01:00 PM
 #2

Factoring as a financial tool

When it comes to factoring, professionals mostly perceive it simply as one of the many financial tools for solving problems that have arisen. This is not entirely true. Factoring does not just solve the problems that arise because of receivables, but is used to increase the volume of sales of goods and services. Any instrument should be used for its intended purpose and without a thought-out strategy to expand the market — it will not perform its basic functions.

Factoring solves several major issues and risks faced by suppliers. Its main purpose is to solve the lack of financing while expanding the scale of production or supply. If the supplier has enough organizational, production and human resources for this expansion, then factoring almost completely covers all the necessary costs, even if the volumes are increased by several times.

The second problem that often arises in such situation is the inability to manage risks, for example, the risk that the buyer will not pay for the goods or services he is getting. Or the risk of payment delay, which can affect negatively the entire production. Due to factoring, the supplier is always protected from these problems, because the risk management is assumed by the factoring company.

The third problem is lack of human and organizational resources. With the fast growth of accounts receivable, there is an additional burden in resolving problems with accounting, communication with debtors about payments, etc. In this case a factoring company is irreplaceable, because this part of work is completely taken care of by its professional human resources.

But, as many other tools, factoring is often misused. It may become excessive for a company that does not have the opportunity or simply does not want to expand on the market, increases the volume of goods and services supply. This can affect the brand in a positive way, as well as lead to a deterioration in the financial standing of the supplier. Factoring is not a pill for every company, but only for those who really need it.
BittyBoBitty
Full Member
***
Offline Offline

Activity: 142
Merit: 100


View Profile
May 29, 2018, 06:02:25 PM
 #3

reserve
BittyBoBitty
Full Member
***
Offline Offline

Activity: 142
Merit: 100


View Profile
May 29, 2018, 06:02:43 PM
 #4

reserve
BittyBoBitty
Full Member
***
Offline Offline

Activity: 142
Merit: 100


View Profile
May 29, 2018, 06:03:10 PM
 #5

reserve
ncn1992vn
Jr. Member
*
Offline Offline

Activity: 168
Merit: 0

kienthucico@gmail.com


View Profile WWW
June 09, 2018, 02:59:20 AM
 #6

Do you have bounty program?
I see in Menu your Website but it not working and search Google or Bitcoibtalk but still can not see anything

Autobay.io   │  The First Decentralized E-commerce platform Buy Sell Cars
JOIN TOKEN SALE    ►   1 AUGUST 2018   ◄
Abstinku9999
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
June 09, 2018, 03:18:02 AM
 #7

Very good
yasuamgc63
Newbie
*
Offline Offline

Activity: 11
Merit: 0


View Profile
June 09, 2018, 05:45:11 AM
 #8

GOOD ICO!!!!
thanhphongle91
Jr. Member
*
Offline Offline

Activity: 117
Merit: 0


View Profile
June 09, 2018, 06:31:00 AM
 #9

good project

★ PRiVCY ➢✈✅[Bounty]✅[Airdrop]✈★
Flamenko
Jr. Member
*
Offline Offline

Activity: 38
Merit: 0


View Profile WWW
June 09, 2018, 07:07:47 AM
 #10

Join project!

https://typerium.io/
Iamrealsumit
Jr. Member
*
Offline Offline

Activity: 42
Merit: 0


View Profile
June 09, 2018, 07:31:21 AM
 #11

Nice project. I want to know more about this project.
pictureoverlord
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
June 09, 2018, 07:37:24 AM
 #12

Nice project, have signed up and now going to read the whitepaper.
Luckynguyen1
Newbie
*
Offline Offline

Activity: 7
Merit: 0


View Profile
June 09, 2018, 09:15:50 AM
 #13

Nice project
Lisa198978
Newbie
*
Offline Offline

Activity: 25
Merit: 0


View Profile
June 09, 2018, 11:00:57 AM
 #14

reserve

Telegram: @Don189
Twitter: @DonNagi8  https://twitter.com/DonNagi8
Facebook: https://www.facebook.com/lisa.kulka.33
BittyBoBitty
Full Member
***
Offline Offline

Activity: 142
Merit: 100


View Profile
June 09, 2018, 11:29:51 AM
 #15

There’re about $12 trillion worth of trade receivables worldwide arising from the sale of any goods and services in cases where the buyer pays for them not immediately. It is an asset that is available to almost all companies around the world: trade, manufacturing, research, telecommunications. However, in most cases it is a dead weight that doesn’t allow to extract from it the benefit that potentially exists in this amazing asset.

But what makes it so special is the ability to maintain its value even during crisis and recession. Any other asset can lose in value, but not receivables: the debt of a hundred rubles, one hundred yuan, a hundred dollars or a hundred euros will remain so.

Meanwhile, few people are trying to sell their receivables, exchange them for other assets, or mortgage them. And what really stops them? Mainly, the lack of a wide spread of necessary technologies. For example, the technologies required while working with receivables as collateral should include the ability to properly assess the portfolio of receivables as collateral, to monitor its security and quality, and to collect it if necessary. And such technologies already exist, and very soon they will become widespread.
BittyBoBitty
Full Member
***
Offline Offline

Activity: 142
Merit: 100


View Profile
June 09, 2018, 11:30:37 AM
 #16

The receivables are like oil shale. Its reserves have always been there but only recently have we acquired the necessary technology that brought it to the global market and radically changed the industry. The same will soon happen to the receivables as well, and the meaning of these groundbreaking changes will be no less significant.

And some statistics. Asian factoring volume, which declined by 8.46% in 2015, suffered another decline of 8.47% in 2016 to EUR 508 billion. This was caused mainly by China, which saw a further decline of 14.5%. However, Chinese economy is expected to grow at a new normal with a growth rate of about 6.5% for 2017. Although China continues to be the world’s second largest factoring country after The United Kingdom, its factoring growth rate is not expected to experience the high growth as seen in the past.

Japan and Taiwan, two other major Asian countries also suffered decline in volume, albeit at a lower rate 8.7% and 10.45% respectively. Nonetheless, the growth in two other major Asian factoring countries, Hong Kong (27.7%) and Singapore (4.1%) as well as interesting growth in the emerging Asian markets of Malaysia (362.7%), Thailand (20%) and Vietnam (96.4 %) helped to cushion the decline somewhat. Yet Asia continues to be the second largest factoring region accounting for 22% of the world factoring volume. Consequently, some South East Asian countries, (Malaysia, Indonesia, Thailand, Vietnam) and India are expected to fuel the growth of factoring in Asia as there are signs of increase in factoring activity.
BittyBoBitty
Full Member
***
Offline Offline

Activity: 142
Merit: 100


View Profile
June 10, 2018, 11:42:33 AM
 #17

The nature of trade receivables was first described in the Code of Hammurabi back in 1750 B.C. Item 104 of the code of laws says “If a merchant gives to an agent grain, wool, oil or goods of any kind with which to trade, the agent shall write down the value and return (the money) to the merchant. The agent shall take a sealed receipt for the money which he gives to the merchant”. In other words, when a seller delivers goods to a buyer, the former doesn’t get paid right the moment; instead, he obtains a right to get the payment after the subsequent sell of the goods.In modern trade finance terms such a right is called “trade receivable”.

Some economic historians argue that factoring appeared in ancient Rome when local wealthy merchants attracted middlemen (factors) to assist with sale and delivery of goods. We know for sure that American colonists in the 17th century resorted to factors’ services when exporting from America to England. Second half XX century textile manufacturing boom in the United States and growing trade in the United Kingdom have shaped factoring. The world factoring market had reached 2.4 trillion EUR in 2016.
wealthminers
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
June 11, 2018, 11:53:44 AM
 #18

Telegram: @thewealthlifters
Twitter: @saurdeeque
               https://twitter.com/saurdeeque
Facebook: https://www.facebook.com/dre.kurt.9
BittyBoBitty
Full Member
***
Offline Offline

Activity: 142
Merit: 100


View Profile
June 11, 2018, 12:31:38 PM
 #19

With establishing The Receivable Exchange, a marketplace for selling and buying trade receivables, the market started to transform. There are no consolidated figures on this relatively young market. Re:factor estimates its present day value well exceeding $10 billion a year.
Boristhecat
Full Member
***
Offline Offline

Activity: 336
Merit: 100



View Profile
June 13, 2018, 10:29:18 AM
 #20

If I correctly understood the concept of the project, then using this platform it will be possible to significantly increase liquidity in all spheres of business. Sellers will get the money they need, buyers will get the goods, and those who provide liquidity with help of this platform and RFT tokens will get their profits.
I think the potential market for this project is huge, since problems with receivable exist in almost all countries.

Pages: [1] 2 3 4 5 6 7 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!