Commercial Financial Services (CFS) is a company that buys receivables written off credit cards, securitizes them, and then tries to collect on accounts receivable. It comes to how the firm makes money and the limits of securitization as an effective funding strategy. "Hide
by Kenneth A. Froot, Ivan Farman Source: Harvard Business School 27 pages. Publication Date: October 14, 1998. Prod. #: 299023-PDF-ENG