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What is Factoring? |
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Factoring is a form of funding that has been prevalent worldwide for decades. This type of funding is based on the firm's assets (the debtors), and serves as an important out of bank source of credit for small and medium sized companies.
The factoring company purchases the firms' open invoices, providing them with an advance towards the future payment with Risks Neutralization of up to 90% of the sale value (except in the case of a "commercial dispute").
Factoring is a comprehensive solution that enables business entities to expand their business endeavors, develop stably and meet their goals with a sense of true security and utmost protection.
The field of factoring is well known and has been widely implemented throughout the international business community, serving as a firm base for financial solutions that surpass the conventional banking products.
Factoring is offered to businesses who sell their products or services throughout local and international markets, enabling them to focus on their core business, while developing steadily and securely.
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