PERSPECTIVES OF FACTORING AS AN ALTERNATIVE SOURCE FOR FINANCING MACEDONIAN SMEs

Gjorgjioska, Emilija and Spaseska, Tatjana and Risteska-Jankuloska, Aneta and Odzaklieska, Dragica (2025) PERSPECTIVES OF FACTORING AS AN ALTERNATIVE SOURCE FOR FINANCING MACEDONIAN SMEs. 9th International Scientific Conference “Economy of Integration” - ICEI 2025, Conference Proceedings,. pp. 26-41. ISSN 2490-2616

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Abstract

Factoring as a product of autonomous trade practice has become a very popular method for small and medium enterprises’ (SMEs) financing. The financing through factoring is a specific way of fundraising through the account receivables sale by the factor provider who
buys the account receivables for some financial interest. The main aim of the research is to analyze the factoring legal regime and practical application of factoring in the Republic of North Macedonia through some economic indicators. More specifically, it will be implemented comparative analysis on the legal regime and application in some Balkan countries. The main findings of the research highlight that the factoring in the Republic of North Macedonia is recognized in many legal acts but it's still missing a unitary regulation for the way on which the financial companies and banks will perform this service as factors. Considering the results of the research, the authors provide recommendations aimed to improve the application of factoring as an alternative source for SME’s finding in North Macedonia.

Item Type:	Article
Subjects:	Scientific Fields (Frascati) > Social Sciences > Economics and Business Scientific Fields (Frascati) > Social Sciences > Law
Divisions:	Faculty of Economics
Depositing User:	Mr Dimitar Risteski
Date Deposited:	15 Jun 2026 09:56
Last Modified:	15 Jun 2026 09:56
URI:	https://eprints.uklo.edu.mk/id/eprint/11621

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