Glossary entry

Swedish term or phrase:

Fakturaköps- och fakturabelåningskunder

English translation:

Factoring and invoice discounting clients/customers

Added to glossary by Plamen Nenchev
Aug 23, 2012 21:57
11 yrs ago
2 viewers *
Swedish term

Fakturaköps- och fakturabelåningskunder

Swedish to English Bus/Financial Business/Commerce (general) Factoring
As far as I can see fakturaköp and fakturabelåning both translate as factoring in English.

However, the text clearly differentiates the two and lists different sets of services for both of them.

Proposed translations

+3
13 mins
Selected

Factoring and invoice discounting clients/customers

I think you probably could get away with just 'factoring', but the 'belåning' aspect also suggests to me 'invoice discounting', which is very similar to factoring, but as I understand it, has an element of loaning against invoices. I could be wrong on this however, and stand to be corrected! Hope this helps in any case.
Peer comment(s):

agree Erik Brinkhof : Very good option, although it depends on the context, as there are various forms of factoring and invoice discounting
4 hrs
Very true Sander. I set the confidence level just at '2' to account for this. My answer needs to be used with some caution, I think.
agree Leif Henriksen : For those wondering about the difference: Factoring implies that you sell your invoices to the finance provider, fakturabelåning/invoice discounting implies that you borrow money with your invoices as collateral.
10 hrs
That's it Leif, thank you for the explanation!
agree Peter Linton (X) : Fully agree
20 hrs
Thank you, Peter. (I see you've completed the same MA at UCL as I will submit my dissertation for in just a few days!)
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4 KudoZ points awarded for this answer. Comment: "Thank you!!!"
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