Way to exclude the customer's risk of non-payment for shipped goods or rendered services for the payment deferral period under the supply (service) contract up to 100% of the nominal value.
Advantages of recourse factoring
What you get:
Increase sales risk-free by attracting new customers
Write-off debts from your balance in the amount of the received financing
Reduce cash gaps
Speed up capital turnover
How non-recourse factoring works
1
Shipment
We are a leading firm in providing value to our customers. Each member of our team has at least five years of legal experience. We love what we do.
2
Documents
Our managers are always ready to answer your questions. You can call us during the weekends and at night. You can also visit our office for a personal consultation.
3
Debt buying
Our company works according to the principle of individual approach to every client. This method allows us to achieve success in problems of all levels.
4
Payment
Your customer pays the full amount to the factoring company at the end of the contractual payment deferral period
5
Fees
The factoring company transfers the remaining amount to you withholding a service fee
Factoring service fees depend on:
Amount of transferred accounts receivable
1
Quality and quantity of transferred counterparties