Details on Factoring 0% 45 In 2023, the global factoring market was valued at approximately: $40 billion $4 trillion $1 trillion $50 billion Which of the following types of service exports are prevalent across the globe? Information Technology Services Financial Services All of the above Tourism and Travel Services In Factoring, the collection of receivables is done by Factor Buyer’s Bank Buyer Seller In non-recourse factoring, who bears the risk of the debtor’s insolvency? The seller The buyer The factor The bank What percentage of the invoice value is typically advanced to the seller in a factoring arrangement? 20-30% 70-90% 100% 50-60% Please enter your name and email address to view the results. Your score is The average score is 69% LinkedIn Facebook Twitter 0%