Explanatory Note
Title: Factoring activities
Includes the activities of financial institutions specialized in acquiring credit
in the short term arising from the sale of products or the provision of services. “Factoring” is itself
an activity that consists of the taking, by a financial intermediary (factor), of credits
short term that the suppliers of goods or services (the adherents) constitute on their
customers (debtors).
This subclass is part of the Portuguese Classification of Economic Activities (CAE-Rev.4), used for tax and statistical purposes in Portugal.
Parent class:
6492 - Other credit granting