The factoring is a receivables management solution for companies working in B to B (business to business), allowing them to benefit from short-term financing from replacing conventional bank loans, cash facilities or supplement those -this.

Factoring is based on the assignment of customer invoices to a specialized financial institution, the factor, which allows the company to meet its cash requirements and be supported in all phases of development. Factoring includes the guarantee of the receivables, the collection of the invoices and the management of the customer settlements. With the accounts receivable factoring this is essential

Factoring: a financing solution

The funding , since, without waiting for the end of the maturity of customer invoices, the company can receive according to their needs, and in a very short time (between 24 hours and less than 48 hours), all or part of the amount of invoices transferred. The factoring company thus supports and promotes the development of its customers by increasing their financing methods.

Different forms of factoring are available to companies to meet their specific cash requirements.

Risk prevention and the guarantee against unpaid bills

The risk prevention and security against unpaid since the factoring company enables organizations to guard against any risk of default of their clients. In case of insolvency, companies can recover up to 100% of the amount of their customer invoices.

Customer account management

The management of the customer account, since the factor is responsible for all aspects of this management (maintenance of accounts receivable, identification and allocation of payments, amicable recovery, pre-litigation and litigation of customer invoices).

 Factoring: a flexible solution to finance cash flow

The factoring contract complements the commercial, financial and credit insurance information system in the management of the receivables.

It is the most flexible solution allowing having a contribution of cash which follows the evolution of the needs of the company.

So relieved of certain administrative constraints, your company can entirely devote itself to its job!

The reverse factoring, as its name suggests, allows a client company to apply a factor to pay his supplier in the time on the bill. After the payment the factor turns against the client company to be paid for a commission which comes to burden the cost of the initial claim.

Still called factoring purchases or factoring provider, this technique is useful for companies that can go through cash difficulties but cannot run the risk of having default with their supplier so as never to be short of stock. These are usually large commercial or single-vendor businesses.

You keep the mastery and management of the client workstation. It is you who raise your customers and entrust to your litigation department reminders in case of late payment, or even to initiate prosecution if necessary.