Fakturaköps- och fakturabelåningskunder

English translation: Factoring and invoice discounting clients/customers

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Swedish term or phrase:Fakturaköps- och fakturabelåningskunder
English translation:Factoring and invoice discounting clients/customers
Entered by: Plamen Nenchev

21:57 Aug 23, 2012
Swedish to English translations [PRO]
Bus/Financial - Business/Commerce (general) / Factoring
Swedish term or phrase: Fakturaköps- och fakturabelåningskunder
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.
Plamen Nenchev
Bulgaria
Local time: 12:20
Factoring and invoice discounting clients/customers
Explanation:
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.
Selected response from:

Richard Green
United Kingdom
Local time: 11:20
Grading comment
Thank you!!!
4 KudoZ points were awarded for this answer



Summary of answers provided
2 +3Factoring and invoice discounting clients/customers
Richard Green


  

Answers


13 mins   confidence: Answerer confidence 2/5Answerer confidence 2/5 peer agreement (net): +3
Factoring and invoice discounting clients/customers


Explanation:
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.

Richard Green
United Kingdom
Local time: 11:20
Specializes in field
Native speaker of: Native in EnglishEnglish
PRO pts in category: 6
Grading comment
Thank you!!!

Peer comments on this answer (and responses from the answerer)
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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