Describe the procedures of factoring according to the numbers given in the following charter. Write your answer on the ANSWER SH

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问题     Describe the procedures of factoring according to the numbers given in the following charter. Write your answer on the ANSWER SHEET.

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答案 ① The exporter applies for factoring to the import factor. ② Sign a factoring agreement. ③ Name of importer who needs credit line. ④ The import factor notifies the exporter the credit line. ⑤ The exporter consigns goods and sends the invoice and documents to the importer. ⑥ The import factor pays the exporter after deducting the charge.

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