What are the advantages of factoring?
The factoring presents the following advantages:
➤⠀payment on term ➡ immediate liquidity
➤⠀you have higher sales ➡ you have higher receivables ➡ you receive higher funding
➤⠀offer commercial advantages to your clients ➡ longer payment terms
➤⠀you pay suppliers faster ➡ you receive discounts
➤⠀ițyou evaluate the client portfolio ➡ you you build the sales strategy
➤⠀do you have non-recourse factoring risk insurance ➡ eliminate losses from uncollectible receivables or bad-paying customers
➤⠀better collection ➡ faster receipts ➡ you have lower financing costs
➤⠀you have claims administration ➡ doeconomy on personnel and administrative expenses
➤⠀financing without real guarantees
➤⠀facilitare auto-redeemable
➤⠀factoring without recourse => off-balance sheet financing ➡ window dressing of the balance sheet ➡ rating improvement