Factoring

Financing Businesses with Factoring

Factoring is an extremely useful financial instrument for all businesses that have ongoing supply contracts with other companies and require advance payment on receivables and shorter payment times.
The arrangement involves a solid ongoing relationship between three entities:

  • the factor (i.e. the bank): a specialist business that takes over, manages, pays out early on, and possibly guarantees some of a company’s trade receivables, having assessed their quality and that of the debtors;
  • the business: which transfers their trade receivables to the factor in exchange for cash;
  • the debtor: a medium-large enterprise with which the business has a supply agreement.

 

BENEFITS
Factoring offers a series of financial, management and business advantages for SMEs and large companies.

  • Easier management of receivables
  • Cash flow optimisation
  • Possible guarantee against insolvency risk

 

BANCA IFIS IMPRESA’S FACTORING SERVICE
Banca IFIS Impresa’s more than 30 years of experience in supporting businesses means we can step directly into the supply relationship, enabling our client to liquidate their trade receivables and the debtor company to set up customised payment schedules.
We also offer a way for business to save on costs by outsourcing administration and credit control.

 

TYPES
Banca IFIS Impresa’s factoring service is highly flexible and can adapt to the needs of your business better than other financial instruments.

RECOURSE FACTORING 
NON-RECOURSE FACTORING
INDIRECT FACTORING
EXPORT FACTORING
IMPORT FACTORING
FACTORING AND THE PUBLIC ADMINISTRATION
FACTORY MATURITY OPTION
DEFINITIVE INVOICE PURCHASE
ADVANCE ON FUTURE RECEIVABLES

 

WHY USE IT?

Businesses that transfer their receivables using factoring are seen as more reliable by the market, because they are taking care over their client relationships, their receivables and associated cash flows.

Factoring meets various business requirements:

  • Access to credit;
  • Non-collection of receivables;
  • Certain payment times;
  • Portfolio management and control by a specialist operator.

Does that reflect your situation? Contact us to find the best solution for your company.