Factoring is a simple and flexible instrument for the financing of accounts receivable, which does not require the pledge of assets. The financing of invoices is based on the transfer of a claim (debt and receivables) to the factoring company for a certain fee.
In order to ensure the speedy transfer of cash to the client, factoring does not require any other collateral because the invoice itself acts as a collateral.
BENEFITS OF FACTORING FOR THE SELLER
BENEFITS OF FACTORING FOR THE BUYER
All it takes is four simple steps:
Essential notes on the services of SME Finance:
–We provide funding for up to 100% of the invoice
–We make an offer in 1 hour
–Our financing limit is from EUR 10,000 to 5,000,000
–We offer competitive interest from 0,5% (for 30 days)
–We provide invoice financing for up to 180 days
–We can offer factoring derivatives (reverse, export, stock, confidential factoring)
–We provide financing to clients who have loans from other financial institutions.