North American Product Classification System (NAPCS) Canada 2017 Version 1.0

• 761 - Financial services (except insurance)
• 76141 - Credit financing (except loans)

761412 - Factoring

This subclass comprises the provision of financing to a business from the sale of its accounts receivable to a third party, known as a factor. Normally, the factor assumes the full risk of collection, including credit losses.