FACTORING
Factoring is a financial instrument by which a factoring company or a factor provides financing to the client by purchasing the client’s outstanding receivables from the sale of goods and services on the domestic and foreign markets. By assigning your undue and undisputed receivables to a factoring company, you improve liquidity and turn them into money you can use immediately.
If you need to quickly and efficiently turn your undue and undisputed receivables into money, we are here for you.
Advantages of factoring
QUICKLY AVAILABLE MONEY
up to the limit level and in a very short time, after issuing and sending an invoice to the customer, factoring gives you the opportunity to turn your receivables into money.
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APPROVED FACTORING LINE
you can use it when you really need it in your work.
IT DOES NOT CREATE AN IMAGE OF A LOAN LIABILITY
FINANCING THROUGH FACTORING
positively affects the Client’s liquidity and improves sales growth, and therefore easier cash flow planning.
SUPPLY CHAIN FINANCE or REVERSE FACTORING
Supply chain finance or reverse factoring is a special type of factoring that is contracted between the factor and the debtor under the contract for the sale of goods or the provision of services in the country and abroad, based on which the factor, by taking over the invoices from the debtor, assumes the debtor’s liability to make a payment to the creditors, and has the right to collect from the debtor within the period referred to in the contract for the sale of goods or the provision of services in the country and abroad. The debtor is obliged to obtain the creditor’s consent. The biggest advantage of the supply chain finance or reverse factoring is that the client is able to settle the payments to suppliers significantly earlier. This enables the creation of better business relations with suppliers, and consequently, the possibility of contracting new business under significantly more favorable procurement conditions.