Factoring
Using Factoring to finance companies
Factoring – through the transfer of trade receivables – is particularly convenient for all companies that have continuous supply contracts with other businesses or public bodies and need to finance their working capital, as well as managing trade receivables and, if necessary, guaranteeing their payment.
The relationship established through Factoring involves three main subjects:
• IFIS Finance: the specialised operator who takes charge of management and financing, guaranteeing, if required, the trade receivables of businesses after assessing the high-quality of the receivables of one or more clients that might want to transfer receivables;
• The business providing goods or services (supplier or seller), which sells its trade receivables to IFIS Finance in return for the financial services provided by the latter;
• The sold debtor (buyer): the company with which the selling company has a supply contract and to which invoices are issued.
BENEFITS
The major financial, management and sales benefits for companies that activate Factoring services include:
• Simplified management of receivables
• Optimisation of cash flow
• If necessary, guarantee against the risk of customer insolvency
FACTORING BY IFIS FINANCE
Thanks to our experience in providing services for Polish companies, IFIS Finance allows client companies supplying goods and services to advance their trade receivables and to rely on an operator specialised in their management and/or in guaranteeing against non-payment of due receivables from customers.
TYPES
IFIS Finance offers a flexible Factoring service that meets your company’s needs.
Among the various types of Factoring, we offer:
FACTORING AND PUBLIC ADMINISTRATION
NON RECOURSE FINAL PURCHASE FACTORING
WHY USE IT
Transferring receivables through Factoring services will allow your company to be more attentive to customers, but also to receivables and the related cash flows, thus making your company more reliable on the market.
In fact, Factoring is capable of meeting various business needs:
• Receivables management by a specialised operator of the portfolio;
• Coverage of the risk of insolvency of your client companies (Recourse factoring);
• Access to credit;
• Coverage of the risk of insolvency of your foreign clients (Export Factoring);
• Certainty of collection times on maturity of trade receivables (Maturity factoring).
Do you recognise yourself in these aspects? Contact us now and we will find the solution that is best suited to your needs.