In full-service factoring, a factoring supplier buys monetary receivables arising between the factoring customer and their business partner in connection with deliveries of goods and services. A.B.S. Factoring AG pays the equivalent value of the outstanding receivables to the client within 24 hours. In this way we grant your company instant liquidity amounting up to 90 percent of the invoiced amounts. After the payment of the outstanding invoiced amount by the relevant business partner, the remaining blocked balance is transferred to you taking account of discounts, deductions and returns.
As part of full-service factoring, A.B.S. also covers bad debt losses. Where a business partner is unable to pay, the resulting bad debt is covered by A.B.S. Factoring AG. We also undertake debtor management for invoices signed over to us; this involves the prior credit check of debtors, dunning and, where necessary, debt collection. Easing the pressure on internal administration and accounting divisions in this way frees up resources that can be directed to the main business of the company.
Our customers appreciate our unbureaucratic way of working and our slim internal structures. We work passionately as a competent team to create tailor-made financing solutions for our customers.
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