Factoring
What is Factoring?
Factoring is particularly useful for companies that need to improve their cash flow, reduce the risk of bad debts and optimise their financial operations.
Advantages of Factoring
Acceso Inmediato a Efectivo: Reciba fondos dentro de 24-48 horas después de presentar las facturas al factor.
Mejora del flujo de caja Elimina la espera de los clientes y asegura un flujo de caja constante.
Reducción del Riesgo de Crédito: El factor asume el riesgo de las deudas incobrables, protegiendo a su empresa.
Gestión de Facturas: Externaliza la gestión de cobro de facturas, ahorrando tiempo y recursos.
Facilita el Crecimiento Empresarial: Proporciona los recursos necesarios para aprovechar oportunidades de negocio sin esperar a que los clientes paguen.
Everything you need to know
- Issue Invoices: You continue to provide goods or services to your customers and issue invoices as usual.
- Send Invoices to Factor: Send your outstanding invoices to the factoring company.
- Receipt of Advance: The factor will advance you a percentage of the value of the invoices (usually between 70% and 90%) within 24-48 hours.
- Invoice Collection: The factor will handle the collection of invoices directly with its customers.
- Balance Payment: Once the client pays the invoice, the factor transfers the remaining balance, minus a small service fee, to the client.
