General Factoring
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Purchasing factoring

Purchase factoring is an individual product; therefore, it can be recourse or non-recourse.

PRODUCT DISRIPTION:

  • The amount of financing is up to 100% of the amount of the assigned receivables.
  • Factoring services fees are paid either by the client or the debtor.
  • The financing limit depends on the debtor’s financial standing.
  • The debtor signs notices of assignment of receivables to the factoring company,
  • Purchase factoring is an individual product; therefore, it can be recourse or non-recourse.
  • The amount of financing is up to 100% of the amount of the assigned receivables.
  • Factoring services fees are paid either by the client or the debtor.
  • The financing limit depends on the debtor’s financial standing.
  • The debtor signs notices of assignment of receivables to the factoring company.

PRODUCT ADVANTAGES:

  • Undisclosed factoring allows you to transfer a greater number of your debtors to factoring service and increase the amount of received financing.
  • You can quickly turn your receivables into cash.
  • You can improve your financial statements as the received cash is not shown as borrowed.
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