Our services may help you mitigate the risks associated with the late or failed payment of your receivables and transform fixed costs into variable management costs.
The difference between a bank loan and factoring:
is a product based on Asset Based Lending ("ABL").
focus is on the value of the receivables and the quality of the debtors and not
only on the creditworthiness assessment.
is a flexible structure since the loan is closely linked to the assigned
turnover and may be used depending on the customer's needs.
may positively affect the financial statement ratios of a customer (e.g.
liquidity and solvency).
is more efficient than a bank loan in terms of short-term financing.
is a credit insurance service to protect against debts.
- Customized solutions are available according to your needs.
credit possibilities are very often available compared to bank loans as they
are based on the current value of the sales register and not on historical
many markets, the factor has full ownership of the receivables and as a
consequence is not subject to challenges from other security interests.
to the management of the receivables, factors do not only have a direct contact
with the customer but also with the debtors.
risks over more than one buyer rather than one customer.