What is the business scope of a commercial factoring company? What are the registration conditions?

Conditions for handling a commercial factoring company:

1, with a registered capital of not less than 50 million yuan.

2, nearly two years of profit, provide audit reports, assets reached more than fifty million.

3. When applying for establishment, there should be at least 3 senior managers with more than 3 years of management experience in the financial field and no bad records.

4. Other relevant provisions that meet the conditions for the establishment of foreign capital.

Business scope of factoring company:

"Guarantee agency (non-bank financing)" and "consulting related business engaged in factoring business" are common business scopes of domestic factoring companies, but many business scopes that factoring companies often join can be added, and other business scopes can be written if there are no special requirements, such as the following business scopes: operating import and export business, consulting economic information, investing in industry, supply chain management, entrusted asset management, and engaging in guarantee business.