Factoring
finances and a more stable cash flow
receivables
customer insolvency
Factoring serves as an alternative to bank financing, whereby your company sells (assigns) its future receivables (invoices) to a factor.
Within 1 to 3 days, you receive pre-financing in the amount of 70 to 90% of the face value. Factoring helps you stabilize your cash flow and allows you to offer your business partners longer invoice payment terms.
The factor takes over the management and collection of the receivables. Once the customer pays, the factor deducts the costs associated with the financing and pays the remainder (10 to 30% of the invoice value). In the non-recourse form, the factor also assumes the risk of non-payment. When the factor assumes the risk, the guarantee does not apply to any claims or disputes arising from supplier-customer relationships.
What is factoring
Ensuring a Stable Cash Flow
Increased Competitiveness
Who is factoring suitable for
What Types of factoring do we offer
- Domestic and export recourse factoring
- Domestic and export factoring with insurance
- Export factor-to-factor factoring
- Import factoring
- Domestic non-recourse factoring without insurance
These products involve the following forms of factoring: framework factoring, reverse factoring, balance sheet factoring, and hidden factoring:
- accounts payable financing,
- purchase of receivables with or without recourse,
- endorsement of promissory notes without recourse.
Contact us
Phone.: 955 526 904
E-mail: info@factoringkb.cz
Direct contact with our specialists
Forfaiting
from past transactions on a without recourse basis