000 01100cam a2200241 4500
001 ABS63931
008 000000n2001 000 0 eng u
035 _a(Sirsi) u112922
100 _aCrossman, H
245 _aWeighing up the factors when it comes to debts
260 _c2001
490 _aConstruction News
_v(6713) 26 April 2001, 37(1)
520 _aReports on the use of factoring in the construction industry, a process which involves the sale of debts to a factor with the aim of improving cash flow, and is often adopted by subcontractors awaiting payment by main contractors. Emphasises that contractors should be aware of factoring and its potential implications such as being an early indicator of a subcontractor's insolvency, but also highlights that it can be adopted by solvent firms to effectively manage cash flow. Case law.
590 _aABS
650 _aFACTORS
650 _aInsolvency
_96247
650 _aDEBT MANAGEMENT
650 _aCONTRACTORS
650 _aSUBCONTRACTORS
650 _aCONSTRUCTION INDUSTRY
690 _aBUILT ENVIRONMENT
942 _n0
999 _c67220
_d67220