With the collaboration of a medium-large debtor company – whose receivables are transferred to the factor – an Italian SME can liquidate its trade receivables and cover much of its short-term need for funding, with the strategic aim of increasing revenue and expanding its client portfolio.
Banca IFIS Impresa has also developed specific financial services for medium and large enterprises.
Medium or large industrial groups can play a central role in the healthy development of their suppliers, especially smaller businesses. Indirect factoring offers a great way to develop relationships between a company and its suppliers. The product is for companies with a high credit rating, which ‘hand over’ their portfolio of Italian and foreign suppliers for two reasons: professional support with the payment cycle and an economic return from fees proportionate to the quality and volume of the suppliers handed over.