DraweeCollectingbankRemittingbankSalescontract买卖合同1
6.1.3 Parties to a factoring 1. The supplier / seller 2. The debtor / buyer 3. The export factor 4. The import factor 6.1.4 Procedures The importer and the exporter negotiate and propose to use factoring as the payment technique; The exporter and its factor sign a factoring agreement, entrusting the export factor to investigate the importer’s creditworthiness and to approve a credit line; The export factor notifies its correspondent factor to investigate the buyer’s creditworthiness; 4.The import factor investigates the buyer’s credit and approves a line of credit; 5. The impor
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