An Introduction to International Factoring & Project Finance

This work consists of two essays on law and finance in international trade. It addresses the means of raising funds for investment through receivables financing and project finance. The first essay discusses the role of receivables financing and in particular factoring in international trade. It examines the nature of factoring transactions and presents the efforts at regulation on an international level aimed at overcoming the difficulties in enforcement. The second essay discusses project finance as a method of pooling funds for international development. It analyses the claim that project finance is a legally secure avenue to raise capital for foreign direct investment, with particular focus on the effectiveness of project finance in the context of international development projects.