| SIC Codes: | 5932 |
| NAICS Codes: | 522298 |
Companies in this industry provide alternative forms of financing involving receivables. Receivables lending is a form of credit in which receivables (money due to the client) are used as collateral. Factoring refers to selling unpaid invoices at a discount in exchange for cash. Forfaiting also involves the sale of receivables but is typically used by exporters and is limited to single transactions.