Featured Articles
When you extend finance facilities to a debtor, you should obtain additional security, inter alia, in the form of Deeds of Suretyship from the members of the customer and, where appropriate, additional security in the form of a pledge or mortgage of movable assets.
Factoring occurs when a business (“the Client”) enters into an agreement with another business (“the Factor”) in terms of which the Client sells its book debts to the Factor, generally on an ongoing basis.
This article dicusses this form of raising finance
CONTACT US
