Vertical Integration Strategy

Vertical integration expands the scope of the company’s activities in this industry. Companies can expand their activities towards suppliers (“back”) and / or to the end user of the goods (“forward”). Choosing the path of vertical integration, companies strive for full integration (participation in all links of the industry value chain) or partial integration (taking […]

Factoring as a method of lending to foreign economic activity

Factoring is a type of trade and intermediary operation combined with lending to the client’s working capital, and represents the purchase by a specialized company (special department of the bank) of the exporter’s monetary claims against the importer, followed by collection. Factoring is based on “discounting invoices”, i.e. purchase by a factoring company of customer […]