IDEAS home Printed from
   My bibliography  Save this article

Factoring as a Form of Accounts Receivables Re-financing


  • Tamara Hovorushko

    () (National University for Food Technologies)

  • Inna Sytnyk

    () (National University for Food Technologies)

  • Kateryna Stepanenko

    () (National University for Food Technologies)


This article covers the essence of factoring. The need for its use by Ukrainian businesses for the purpose of quick debt recovery was identified. Increasing of competitiveness and efficiency of management of all kinds of resources is rather significant for successful business development in Ukraine nowadays. The global economic turmoil has sufficiently influenced the economy of Ukraine, thus the problem of non-payment and shortage of working capital remain acute which can be evidenced by the proportion of accounts receivable and payables in the balance sheet. The use of factoring as an up-to-date form of re-financing is one of the ways to solve this problem which would result in effective management of business accounts receivable.

Suggested Citation

  • Tamara Hovorushko & Inna Sytnyk & Kateryna Stepanenko, 2012. "Factoring as a Form of Accounts Receivables Re-financing," Accounting and Finance, Institute of Accounting and Finance, issue 4, pages 35-40, December.
  • Handle: RePEc:iaf:journl:y:2012:i:4:p:35-40

    Download full text from publisher

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    More about this item


    Factoring; factoring transactions; accounts receivable; financial institutions; factoring companies;

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iaf:journl:y:2012:i:4:p:35-40. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Serhiy Ostapchuk). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.