This concept involves the sale of commercial accounts receivable invoices to others at a discount. This buyer is also known as a factor. In such an arrangement, this buyer will usually assume to hold the complete responsibility. He will collect the payments and will be responsible for any credit losses on the accounts. At Northumbria your learning will be directly impacted by the teaching team’s active research into their specialist subjects. In addition, as part of our strong research ethos, you will build up your own research skills as you formulate questions, critique different interpretations, and develop well-founded arguments.