WZ 64.92.1—Institutions for factoring activities

Where 64.92.1 sits

1. L Financial and insurance activities
2. 64 Financial service activities, except insurance and pension funding
3. 64.9 Other financial service activities, except insurance and pension funding
4. 64.92 Other credit granting
5. 64.92.1 Institutions for factoring activities

What 64.92.1 includes

• Activities of entities that conduct factoring business, i.e., the ongoing purchase of receivables based on framework agreements with or without recourse.

What 64.92.1 excludes

• Lending by specialist credit institutions that accept deposits, see 64.19
• Finance leasing, see 64.91.0
• Securitization of assets (other than loans), see 64.99.2
• Operating leasing, depending on the type of assets leased, see Division 77
• Grants provided by interest groups and associations, see 94.99.9

64.92.1 in other systems