„Factor“

1. An agent who receives merchandise under consignment or under a bailment contract, who sells it for the principal or in the factor’s own name, and who is paid a commission for each sale.

2. A financing company which purchases accounts receivable under agreed conditions and at agreed discounts and thus makes funds immediately available to approved sellers.

Source:

“Dictionary of International Trade: Handbook of the Global Trade Community.” 10th Edition. Edward G. Hinkelman. World Trade Press, 2008.