What is Factoring?
For the management of your trade receivables
Factoring
Factoring contracts allow you to transfer your current and future receivables to a specialized company, leaving your company free to focus on its core business.
Factoring is a type of management support and financial technique aimed at satisfying a company's supply receivables management needs. Factoring can be a combination of several services:
- The administration, management, and collection of receivables;
- The evaluation of customer reliability;
- Advance payment of credit before maturity;
- Legal assistance in the debt recovery phase;
- The guarantee of successful completion of all operations.
Factoring supports a company with its administrative and financial dealings relating to its credit management, and therefore continuous relationships with customers are preferred rather than occasional collaborations.
Advantages
BPER Factor's services allow companies to obtain immediate and significant benefits:
CUSTOMER EVALUTION
Professionally evaluate and monitor both Italian and foreign customers
PROTECTION
Eliminate the risk of non-payment for non-recourse assigned receivables
CASH FLOW
Plan and optimize cash flow and liquidity
SAVINGS
Outsource the management and collection of receivables by transforming fixed costs into variable costs
FINANCIAL STANDING
Increase your financial standing by monetizing your receivables
GROWTH
Increase sales growth by reducing risks
IMPROVE PARAMETERS
Improve the main balance sheet parameters
FLEXIBLE ACCESS
Operate online with flexibility and independenceFactoring and different methods of applying the basic services are now being proposed in various operating formulas. These methods include the administration of receivables and management of their collection, the financing of assigned receivables, and the guarantee of solvency on the assigned receivables (without recourse)