Which of the following is are the parties in Factoring Business?

Which of the following is are the parties in Factoring Business?
[A]buyer
[B]seller
[C]buyer and seller
[D]buyer, seller and financial institution

buyer, seller and financial institution
Factoring refers to the process of managing the sales register of a client by a financial services company. Basically, there are three parties involved in a factoring transaction:
1. The buyer of the goods
2. The seller of the goods
3. The factor, i.e. The financial institution.

Originally written on June 3, 2015 and last modified on June 3, 2015.

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