Factoring

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This is how it works.

Factoring is defined as the acquisition of short-term receivables from goods deliveries and services provided. As the sales increase, so does the financing. That can be a crucial strategic advantage in your business plan.

Factoring has long since established itself as a modern, flexible form of financing in Western Europe and is still seen to be on the rise.

The outsourcing of your receivables to the FactorBank can greatly contribute to the success of your company.

It represents an innovative addition to the financial mix of a company and is appropriate for going with existing loans as well as a further source of financing.