Factoring is the acquisition of receivables from goods suppliers or services through a factoring group.
If you want to chalk up incoming payments directly after a turnover development, then factoring is a possible solution. The sale of receivables is not laid open to the payer and your will receive an immediate advance on these items, thus minimising your debts and maximising your liquidity.
There is no need for you to submit any collateral except a transferable customer contract. Factoring shrinks your balances, improves your ratios and thus increases your profit.
Factoring is suitable for almost all sectors and business sizes.
Factoring societies consider different products and goods as eligible for factoring.
Furthermore, factoring groups take on debtors’ management on request and the risk of payment failure (credit failure insurance). Through the assumption of the payment failure risk, painful or existence threatening payment breakdowns can be avoided. Factoring allows you to give your customers longer payment terms.
Factoring costs bank dependent and are individually negotiable. We can negotiate and compare the costs of different factoring societies.
If you are interested in factoring, please call us on +43 1 804 91 92 or:
We can inform you about current opportunities and ways of procuring capital and you can discover the advantages that different financing instruments have to offer. Together, we can decide which of these is right for you.
This service is free – you only have to cover our travel expenses.