Unlike in developed economies, factoring is not a common form of finance for SMEs in Nigeria. Most factoring done is granted by banks to companies in the oil and gas sector or large corporates.
A 64-year-old owner of a Coeur d'Alene forestry management company was sentenced to nearly four years in federal prison for fraudulently obtaining at least $2.5 million from a different forestry ...
Factoring is a form of short-term financing in which a business sells ... Worman of 17 counts of wire fraud for the factoring scheme after a six-day trial in August. Chief U.S. District Judge ...