COMPARATIVE ANALYSIS OF APPROACHES TO ASSESSING THE CREDITWORTHINESS OF COUNTERPARTIES IN FACTORING AND BANK LENDING

Karmazin A. R.

The article provides a comparative analysis of methodological approaches to assessing the creditworthiness of counterparties used in factoring operations and bank lending. The study reveals fundamental differences in evaluation criteria, time horizons of analysis and the degree of automation of processes. Special attention is paid to comparing key indicators of creditworthiness: in factoring, the emphasis is on the quality of accounts receivable and the payment discipline of counterparties, while bank lending is focused on a comprehensive assessment of the borrower's financial condition. The practical significance of the work lies in the development of recommendations for choosing the optimal financing tool, depending on the specifics of the business and the structure of its working capital. The results of the study can be used to improve the risk management systems of financial organizations and to develop integrated models for assessing creditworthiness.

Keywords:factoring; bank lending; creditworthiness; risk assessment; accounts receivable; financial analysis; scoring