Have you ever dig down what is factoring in business mean? By principle, business needs capital to generate revinue & profit.But always it is not to fund total investment cost for the owner.Factoring comes into these with immediate funding soliution.
Life Factoring strives to be as useful as possible for its partners and clients. After all, the key principle of our work is an entrepreneurial approach, so we offer companies not just financing, but become full-fledged partners in doing business. We
Today, in order to avoid financial instability and protect themselves from the risk of non-payment by buyers, many companies choose factoring. All operations and calculations performed in cooperation with the factoring firm must be reflected in the balance sheet. Since at the
Ask a question Why do SMEs choose Life Factoring? What is the main purpose of factoring? What makes factoring different from other funding sources? Why does Life Factoring work only with small and medium-sized businesses? Where can you use Life Factoring services? What makes factoring
For over fifteen years, our team has been working in the factoring market for small businesses. We have become market leaders due to a number of important events: February – Life Factoring reached a significant level of 4,000 funded clients. November
Recourse factoring is the unsecured financing of deliveries on a deferred payment basis. Also know as Regression factoring typically used for non solvent enterpreuner. Recourse factoring can be used to solve various problems of the supplier, for example, if the debtor
Scheme of work on pre-delivery factoring: We conclude a framework and perpetual General agreement for factoring services. In order to obtain financing, you give us the future monetary claims and the originals of the Purchase Orders signed with the Debtor.
We provide insurance against non-fulfillment by your customers of their obligations under the supply contracts, as well as finance the invoices handed over for service. When using factoring without recourse, the scheme of work remains the same as in the classical
The guarantee will help you completely eliminate the risk of non-payment of buyers, while you will save on paying commission for factoring financing. Scheme of work: After shipment of the goods to the Buyer, you give us the register of
Benefits of reverse factoring for the buyer Maximum profit during seasonal peaks due to the use of purchasing factoring. Attractive for new suppliers. Increased loyalty of old and new suppliers. Additional opportunities for expanding the range of goods and working