1. Instant liquidity
As we provide you with the equivalent value of your invoices within 24 hours, our proven purchasing system gives you instant liquidity. This means you can plan your own payment obligations better while taking advantage of discounts and rebates on the purchasing side. This not only improves your reputation in the eyes of suppliers, but enhances your creditworthiness and rating with banks. Costly liabilities can be reduced while high account interest is avoided.
2. All-round security
Where one of your customers is unable to pay his invoices, we take over the associated payment loss by assuming a del credere position. This gives you comprehensive cover for losses on transactions both at home and abroad: non-payment risks that are difficult to estimate become a thing of the past.
3. Greater competitiveness
Factoring gives you a competitive edge and makes it easier for you to take advantage of growth potential without relying on bank loans. Being in a position to plan liquidity means you can adapt to market fluctuations more effectively; flexible liquidity allows you to seize growth opportunities more easily. By offering your customers longer payment terms as well as discounts and reductions, you also become more competitive against other market players.
4. Focusing on core business
The full service we offer takes the pressure off your internal departments, from accounting to management. In addition to the default risk, we also take over your complete accounts receivables management. Our service includes the booking of incoming payments, dunning and even debt collection (by agreement) – and we keep you abreast of developments with daily statements and regular reports. You can even view the maturity profile and activities in real time via an online portal.
By removing these tasks from your day-to-day business, you can focus on core business, develop your company and keep on growing.