Fine Opportunities for the Proper Factoring

Factoring is a secure form of financing for small to medium-sized companies to optimize and secure their liquidity. The company sells its receivables and receives immediate liquidity, for example, for additional income in purchasing, because discounts and special conditions can be used. In addition, the factoring also includes the entire receivables management, including reminder and collection documents. The proper options are there and that is the reason that the following parts are quite important.

The factor continuously reviews the creditworthiness of the customers and assumes the full default risk within the scope of an agreed limit. This form of financing grows with possibly increasing sales of the company, which is why factoring in industry circles is also referred to as a revenue-matching form of financing. Of course, before all of these, you will need to know what is factoring.

Factoring is already involved in more than 30 corporate finance sectors, including trading and commercial brokerage, metalworking, food, machine-building, engineering, manufacturing, chemical manufacturing, automotive, electronics / electronic components, and paper, publishing and printing.

  1. Is There A Minimum Turnover Size For Factoring?

Basically, your company should have an annual turnover of at least 200,000 dollars gross invoice value. Afterwards we make an individual decision on the basis of further aspects as to whether we can work together with you or your company.

  1. Which Industries Are Suitable, Which Are Not?

Our receivables management is independent of the sector. The only condition is that the service has been provided in full and can therefore be settled in a timely manner. However, down payments are not factorable.

  1. Do You Have To Run The Entire Turnover Via Factoring?

Basically yes, but here too we can decide exceptions individually. Please contact us personally.

  1. Can You Also Settle Claims Against Private Individuals In Factoring?

Yes, but there are limitations for certain business or professional groups. For example, doctors are not allowed to share their patients’ data. For the collection of data in medical practice, the professional provisions on the duty to inform, to inform and to inform are decisive.

  1. How Long Does The Introduction Of A Factoring Procedure Take?

After confirmation of purchase processing takes place the following day. We would like to inform you personally once again about the principle of design management.

  1. Can You Use Factoring As A Start-Up Company?

In general, yes, if you have a good range of products and an annual turnover of at least 200,000 dollars gross invoice value.

  1. How Do Buyers React To Factoring?

Meanwhile, more than six percent of the gross domestic product is secured by factoring models. Acceptance in the economy and in the public has increased significantly in recent years. Find out about Factoring in our News, Publications and Related Links section.

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