When is factoring useful? - IntrebBT | Banca Transilvania
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When is factoring useful?

Factoring is useful when:

  • You have clients who request long payment terms.
    • Hai accesso a limmediate liquidation by fast collection of invoices
    • Digitized process through the platform BT WEB Factoring
  • Do you want to increase your sales without blocking cash flow.
    • You can make quick payments to suppliers and thus obtain commercial discounts
    • You can gain an advantage over the competition by offering extended payment terms to clients
  • You need working capital without incurring additional debt.
    • Factoring offers you access to flexible financing – correlated with the volume of receivables you have to collect
    • Reducing financing costs through early access to funds
    • You can use the money as you need, for orders, purchases or other expenses
    • No real guarantees, immovable property or equipment are not required
  • You want protection against the risk of non-payment.
    • Non-payment risk insurance (in case of non-recourse products)
    • You save time and resources by collecting and managing receivables by BT

 

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