NIC 6493—Factoring Activities

Where 6493 sits

1. L Financial and insurance activities
2. 64 Financial service activities, except insurance and pension funding
3. 649 Other financial service activities, except insurance and pension funding activities
4. 6493 Factoring Activities

Contains 1 narrower code

• 649300 Activities of specialised factoring company or other financial organization engaged in recourse or non-recourse factoring i.e. the activity of purchasing accounts receivable (invoices) from third parties at a discount (factoring).

What 6493 includes

• For details on Industry Class 6493, refer to the industry descriptions under its subcategories

What 6493 excludes

• Debt financing undertaken with account receivables as collateral, see 6495

6493 in other systems