Finans Faktoring - Advantages of factoring

Advantages of Factoring

Cash flow is generated by assigning receivables on credit terms.
Open account sales become easier and more reliable.
The credit terms provided to the Buyers increases the competitive power of the Seller.
Reduced receivable and debt entries liquidate the balance sheet of the Seller, leaving room for more operating capital.
Intelligence service is carried out by and the credibility of the Buyer is determined by an expert Factor company.
Follow up and collection services are provided by the factoring company saving you time and human resources.
External financing needs of the companies are reduced.
Cash against goods purchases save the buyer abroad the letter of credit costs.
Exporters take less risk in new external markets thanks to the guarantee service provided.
Companies can expand their market by assigning the buyer’s risk to a Factor in markets abroad.
The potential communication problems with the Buyer or Seller are eliminated; possible disputes are resolved through a Factor in your native country in your own language.