{"product_id":"factoring-fundamentals","title":"Factoring Fundamentals","description":"\u003cdiv class=\"ebsi-team-licence-note\"\u003e\u003cp\u003e\u003cstrong\u003eBuying for a team?\u003c\/strong\u003e\u003cbr\u003eChoose 5 or 10 licences to purchase access for multiple learners at a reduced per-person rate. After purchase, eBSI will contact you to confirm the learner details and arrange course access for each participant.\u003c\/p\u003e\u003c\/div\u003e\n\u003c!-- ebsi-sales-wrapper --\u003e\u003cdiv class=\"ebsi-sales-wrapper\"\u003e\n\u003cp\u003e\u003cstrong\u003eDevelop practical knowledge and confidence in Factoring Fundamentals.\u003c\/strong\u003e\u003c\/p\u003e\n\u003cp\u003eFactoring is the fastest growing form of trade finance in the World at the moment. Factoring is the purchase by the factor of debts evidence by invoices where the factor pays out an agreed advance taking an assignment of the debts. Factoring is flexible and provides fast access to cash for the seller with a growing sales ledger. The role of the Factoring in Trade Finance is increasing dramatically. It is...\u003c\/p\u003e\n\u003ch3\u003eWhy this course matters\u003c\/h3\u003e\n\u003cp\u003eThis course turns the subject into practical, structured learning you can apply in real business and workplace situations. It is designed to help you move beyond definitions and understand how the ideas, tools and decisions covered in the course fit together.\u003c\/p\u003e\n\u003ch3\u003eWhat you will gain\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003eBuild a clearer practical understanding of the key concepts and terminology in Factoring Fundamentals.\u003c\/li\u003e\n\u003cli\u003eRecognise how the topic affects real international trade, finance or risk decisions.\u003c\/li\u003e\n\u003cli\u003eApply the course principles more confidently in relevant business situations.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003ch3\u003eWho is this course for?\u003c\/h3\u003e\n\u003cp\u003eThis course is suitable for trade finance professionals, bankers, compliance and risk teams, exporters, importers and other professionals involved in international transactions.\u003c\/p\u003e\n\u003ch3\u003eCourse at a glance\u003c\/h3\u003e\n\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eFormat:\u003c\/strong\u003e self-paced online learning.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eProfessional development:\u003c\/strong\u003e CPD course.\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cp\u003e\u003cspan class=\"ng-scope\"\u003eFactoring is the fastest growing form of trade finance in the World at the moment. Factoring is the purchase by the factor of debts evidence by invoices where the factor pays out an agreed advance taking an assignment of the debts. Factoring is flexible and provides fast access to cash for the seller with a growing sales ledger.\u003c\/span\u003e\u003cbr class=\"ng-scope\"\u003e\u003cbr class=\"ng-scope\"\u003e\u003cspan class=\"ng-scope\"\u003eThe role of the Factoring in Trade Finance is increasing dramatically. It is therefore essential to have a good understanding of the foundations of factoring operations.\u003c\/span\u003e\u003cbr class=\"ng-scope\"\u003e\u003cbr class=\"ng-scope\"\u003e\u003cspan class=\"ng-scope\"\u003eIn this unit you will learn:\u003c\/span\u003e\u003cbr class=\"ng-scope\"\u003e\u003cbr class=\"ng-scope\"\u003e\u003cspan class=\"ng-scope\"\u003e- The basic procedure in factoring operations;\u003c\/span\u003e\u003cbr class=\"ng-scope\"\u003e\u003cspan class=\"ng-scope\"\u003e- The operation of a Factoring company;\u003c\/span\u003e\u003cbr class=\"ng-scope\"\u003e\u003cspan class=\"ng-scope\"\u003e- The key contents of a Factoring agreement\u003c\/span\u003e\u003cbr class=\"ng-scope\"\u003e\u003cspan class=\"ng-scope\"\u003e- Risk management for Factoring operations.\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan class=\"ng-scope\"\u003e\u003cmeta charset=\"utf-8\"\u003e \u003cspan\u003eCompleting this course will confer 5 CPD Credits towards internationally recognised \u003c\/span\u003e\u003cstrong\u003eContinuous Professional Development\u003c\/strong\u003e\u003cspan\u003e Requirements within organisations operating this kind of staff development methodology.\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e \u003c\/p\u003e\n\u003ch5\u003e\u003cstrong\u003e\u003cspan style=\"text-decoration: underline;\"\u003e\u003cspan class=\"ng-scope\"\u003eCourse Outline\u003c\/span\u003e\u003c\/span\u003e\u003c\/strong\u003e\u003c\/h5\u003e\n\u003cp\u003e\u003cspan class=\"ng-scope\"\u003e\u003cstrong\u003e1. INTRODUCTION TO FACTORING\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e1.1 The Factoring Division\u003cbr\u003e\u003cbr\u003e1.2 Factoring or Invoice Purchase Procedures\u003cbr\u003e\u003cbr\u003e1.3 Initial Procedures\u003cbr\u003e\u003cbr\u003e1.4 Mechanics of Processing a Client Order\u003cbr\u003e\u003cbr\u003e \u003cstrong\u003e2. THE FACTORING AGREEMENT\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e2.1 The Factor's Discretion\u003cbr\u003e\u003cbr\u003e2.2 Fees\u003cbr\u003e\u003cbr\u003e2.3 Termination\u003cbr\u003e\u003cbr\u003e2.4 Personal Guarantee\u003cbr\u003e\u003cbr\u003e \u003cstrong\u003e3. The Contract\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e3.1 The Contract - Warranties\u003cbr\u003e\u003cbr\u003e3.2 Purchase All Acceptable Accounts by Factor\u003cbr\u003e\u003cbr\u003e3.3 Prior Approval of Sales\u003cbr\u003e\u003cbr\u003e3.4 Notice of Assigned Invoices to appear on all Invoices\u003cbr\u003e\u003cbr\u003e3.5 Purchase Price and Margin\u003cbr\u003e\u003cbr\u003e3.6 Authorization to the Factor for Charges and Obligations\u003cbr\u003e\u003cbr\u003e3.7 Procedures for approved account invoices\u003cbr\u003e\u003cbr\u003e3.8 Reserve of Facial amounts of invoices over finance provided\u003cbr\u003e\u003cbr\u003e3.9 Receipt of Goods without Dispute\u003cbr\u003e\u003cbr\u003e3.10 Credit Terms\u003cbr\u003e\u003cbr\u003e3.11 Solvency and law provisions\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eFurther Reading\u003c\/strong\u003e\u003cbr\u003e\u003cbr\u003e1 – UNDROIT Convention on International Factoring\u003cbr\u003e\u003cbr\u003e2 – Factoring – A Tool for Trade Financing\u003cbr\u003e\u003cbr\u003e3 – Introduction to International Factoring and Project Finance\u003cbr\u003e\u003cbr\u003e4 – Freight Factoring\u003cbr\u003e\u003cbr\u003e5 – Factoring : A Better Alternative\u003cbr\u003e\u003cbr\u003e6 – Factoring and the Firm Value\u003cbr\u003e\u003cbr\u003e\u003cstrong\u003eForum Assignment\u003c\/strong\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp\u003e\u003cspan class=\"ng-scope\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cmeta charset=\"utf-8\"\u003e\n\u003cp\u003e\u003cspan class=\"ng-scope\"\u003e\u003cimg alt=\"\" src=\"https:\/\/cdn.shopify.com\/s\/files\/1\/0077\/7604\/3071\/files\/WinnerBestOnlineTradeFinanceAccreditedCoursesGlobal2019_1_240x240.png?v=1569463503\" style=\"float: left;\"\u003e\u003cspan\u003eOur Trade Finance courses were awarded\u003c\/span\u003e\u003cspan\u003e \u003c\/span\u003e\u003cstrong\u003eBest Online Trade Finance Accredited Courses Globally\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003eby Capital Finance International Magazine in 2019!  Our trade finance online training offerings are \u003c\/span\u003e\u003cstrong\u003eendorsed by the International Finance Corporation\u003c\/strong\u003e\u003cspan\u003e \u003c\/span\u003e\u003cspan\u003efor professional development in this area by its issuing and partner banks.  Our online certificate program is a great value for money way to prepare for the exams of the CDCS and CITF exams.  All our courses are also accredited for Continuous Professional Development (CPD) purposes by the CPD Certification Service of the United Kingdom which confirms they meet international CPD standards\u003c\/span\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003c!-- ebsi-cross-sell --\u003e\u003cdiv class=\"ebsi-cross-sell\"\u003e\n\u003ch3\u003eContinue your learning\u003c\/h3\u003e\n\u003cp\u003e\u003cstrong\u003ePart of this learning pathway:\u003c\/strong\u003e \u003ca href=\"\/collections\/trade-finance-instruments\"\u003eTrade Finance Instruments\u003c\/a\u003e\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c!-- ebsi-academy-breadcrumb --\u003e\n\u003chr\u003e\u003cdiv class=\"ebsi-course-pathway\"\u003e\n\u003cp\u003e\u003cstrong\u003eCourse pathway:\u003c\/strong\u003e \u003ca href=\"\/pages\/welcome-to-ebsi-trade-finance-academy\"\u003eeBSI Trade Finance Academy\u003c\/a\u003e \u0026gt; \u003ca href=\"\/collections\/trade-finance-instruments\"\u003eTrade Finance Instruments\u003c\/a\u003e \u0026gt; Factoring Fundamentals\u003c\/p\u003e\n\u003cp\u003eExplore more \u003ca href=\"\/collections\/trade-finance-instruments\"\u003eTrade Finance Instruments\u003c\/a\u003e training or return to the \u003ca href=\"\/pages\/welcome-to-ebsi-trade-finance-academy\"\u003eeBSI Trade Finance Academy\u003c\/a\u003e.\u003c\/p\u003e\n\u003c\/div\u003e","brand":"eBSI Export Academy","offers":[{"title":"Individual Licence (EUR 60)","offer_id":14369342324799,"sku":"ITS-03-FIT-007","price":66.0,"currency_code":"USD","in_stock":true},{"title":"5 Licences (EUR 50 each)","offer_id":59260488581468,"sku":null,"price":275.0,"currency_code":"USD","in_stock":true},{"title":"10 Licences (EUR 40 each)","offer_id":59260488614236,"sku":null,"price":440.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0077\/7604\/3071\/products\/front_62261aed-78c6-4198-b3f1-1bc9201dd14b.png?v=1614725093","url":"https:\/\/www.ebsiamericas.com\/products\/factoring-fundamentals","provider":"eBSI Export Academy","version":"1.0","type":"link"}