Secured Transaction
Secured transactions are everywhere. Secured transactions come in many forms. Some are easily recognizable:a straight loan secured by the vehicle purchased or a credit line secured by account receivables. Others are a little harder to spot: for
example, sales on credit or conditional sales where the vendor sells the goods on credit and retains title in the goods. Actually, that transaction really means the goods are serving as security for the credit provided by the vendor.
FACTORING HANDBOOK
Based on the experience of the more developed markets, financing against movable assets is a main way of supporting private sector businesses by financial institutions. This form of financing already exists in Cambodia, but needs to be further developed in order to better promote financial inclusion and expand the business credit portfolios for the sake of economic growth.
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