Get Started<\/span><\/button><\/a><\/p>\n[\/et_pb_cta][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.6.5″ _module_preset=”default” custom_padding=”8vw||0vw||false|false” top_divider_style=”mountains2″ top_divider_color=”#f1f1f1″ top_divider_height=”200px” global_colors_info=”{}”][et_pb_row _builder_version=”4.6.5″ _module_preset=”default” background_enable_color=”off” custom_padding=”0px||0px||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.6.5″ _module_preset=”default” global_colors_info=”{}”][et_pb_cta title=”What is Factoring” _builder_version=”4.6.6″ _module_preset=”default” header_font=”Titillium Web|600|||||||” header_text_color=”#0b4779″ header_font_size=”50px” header_line_height=”1.7em” body_font=”Titillium Web||||||||” body_text_color=”#0b4779″ body_font_size=”18px” body_line_height=”1.8em” body_ul_type=”circle” body_ul_position=”inside” body_ul_font=”Titillium Web||||||||” body_ul_text_color=”#e47539″ background_enable_color=”off” background_enable_image=”off” background_position=”center_right” text_orientation=”left” custom_margin=”||||false|false” custom_padding=”0px|0px|0px|0px|false|true” header_font_size_tablet=”40px” header_font_size_phone=”30px” header_font_size_last_edited=”on|desktop” body_font_size_tablet=”16px” body_font_size_phone=”” body_font_size_last_edited=”on|phone” border_color_all=”#ffffff” locked=”off” global_colors_info=”{}” border_color_all__hover_enabled=”off|hover” border_color_all__hover=”#e57539″]<\/p>\n
Factoring is a short-term financial instrument offered to a company (a product\/service provider) based on the sale of its receivables at a discounted price to a company called the Factor. Factoring is the purchase and financing of accounts receivable, coupled with the administration of accounts receivable, collection, and advisory services.<\/span><\/p>\nFactoring is mainly used by businesses to improve cash flow, but can also be used to reduce redundancy in administration. In order to qualify for a factoring transaction, the factoring recipient (Supplier) must operate in credit terms with its customers. The Supplier and the Debtor are subject to Factor Risk Analysis in order for the latter to approve a factoring limit.<\/p>\n
[\/et_pb_cta][\/et_pb_column][\/et_pb_row][\/et_pb_section][et_pb_section fb_built=”1″ _builder_version=”4.6.5″ _module_preset=”default” background_enable_image=”off” background_size=”initial” background_position=”top_right” custom_padding=”8vw||8vw||true|false” global_colors_info=”{}”][et_pb_row _builder_version=”4.6.5″ _module_preset=”default” custom_padding=”||2vw||false|false” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.6.5″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.6.6″ _module_preset=”default” text_font=”Titillium Web|600|||||||” text_text_color=”#0b4779″ text_font_size=”50px” text_font_size_tablet=”40px” text_font_size_phone=”30px” text_font_size_last_edited=”on|phone” text_orientation_tablet=”left” text_orientation_last_edited=”off|desktop” global_colors_info=”{}”]<\/p>\n
Frequently asked questions<\/p>\n
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\n- Vendor issues the Customer invoices for products\/services (invoices is received by the Customer without complaints or merchandise advertisements);<\/li>\n
- The original copy of the tax invoice of this supply is passed to on the Factor;<\/li>\n
- The factor finances the value of the tax invoice with VAT as per the agreed percentage minus the factoring fee;<\/li>\n
- The factoring fee applies to the value of the invoice and the interest rate is calculated on the debit balance.<\/li>\n<\/ul>\n
[\/et_pb_toggle][et_pb_toggle title=”Type of Factoring Services” open_toggle_text_color=”#e47539″ open_toggle_background_color=”#ffffff” closed_toggle_background_color=”#ffffff” icon_color=”#00b1af” use_icon_font_size=”on” icon_font_size=”26px” open_icon_color=”#00b1af” open_use_icon_font_size=”on” open_icon_font_size=”26px” _builder_version=”4.13.0″ _module_preset=”default” title_text_color=”#e47539″ title_font=”Titillium Web||||||||” title_text_align=”left” title_font_size=”25px” body_font=”Titillium Web||||||||” body_text_align=”justify” body_text_color=”#0b4779″ body_font_size=”18px” title_font_size_tablet=”23px” title_font_size_phone=”22px” title_font_size_last_edited=”on|phone” border_width_all=”0px” border_width_bottom=”1px” border_color_bottom=”#00b1af” global_colors_info=”{}”]<\/p>\n
DOMESTIC FACTORING<\/strong>
Used between parties within the country.<\/span><\/p>\nIMPORT \/ EXPORT FACTORING<\/strong>
Used between parties outside the country.<\/span><\/p>\nINTERNATIONAL FACTORING<\/strong>
The factor is associated with a corresponding Factor in the foreign country.<\/span><\/p>\nPUBLIC SECTOR FACTORING<\/strong>
Used in cases where the debtor is a public entity.<\/span><\/p>\nINDIRECT FACTORING<\/strong>
Factoring of suppliers.<\/span><\/p>\n[\/et_pb_toggle][et_pb_toggle title=”Factoring Products” open_toggle_text_color=”#e47539″ open_toggle_background_color=”#ffffff” closed_toggle_background_color=”#ffffff” icon_color=”#00b1af” use_icon_font_size=”on” icon_font_size=”26px” open_icon_color=”#00b1af” open_use_icon_font_size=”on” open_icon_font_size=”26px” _builder_version=”4.13.0″ _module_preset=”default” title_text_color=”#e47539″ title_font=”Titillium Web||||||||” title_text_align=”left” title_font_size=”25px” body_font=”Titillium Web||||||||” body_text_align=”justify” body_text_color=”#0b4779″ body_font_size=”18px” title_font_size_tablet=”23px” title_font_size_phone=”22px” title_font_size_last_edited=”on|phone” border_width_all=”0px” border_width_bottom=”1px” border_color_bottom=”#00b1af” global_colors_info=”{}”]<\/p>\n
\n- Supply Chain Factoring<\/strong>, whereby the Factor purchases the supplier\u2019s receivables strategically significant to the Purchaser based on the Buyer-Factor Cooperation Agreement.<\/li>\n<\/ul>\n
\n- Balancing Factoring<\/strong>, a product developed for clients working with the structure of assets and liabilities. It applies in cases where by assigning accounts receivable to a Factor, the volume of accounts receivable is reduced or their structure improves. Funds offered by the factoring company do not increase client exposure and do not increase the volume of external resources, but accelerated cash flow allows the reduction of general debt, provided they are used to repay the bank\u2019s credit or debit.<\/li>\n<\/ul>\n
\n- Small Business Factoring<\/strong>, largely focused on lower-paid customers with regular deliveries to selected smaller buyers. This difference is accompanied by a lower range of information and documentation required.<\/li>\n<\/ul>\n
[\/et_pb_toggle][et_pb_toggle title=”Recourse Factoring” open_toggle_text_color=”#e47539″ open_toggle_background_color=”#ffffff” closed_toggle_background_color=”#ffffff” icon_color=”#00b1af” use_icon_font_size=”on” icon_font_size=”26px” open_icon_color=”#00b1af” open_use_icon_font_size=”on” open_icon_font_size=”26px” _builder_version=”4.13.0″ _module_preset=”default” title_text_color=”#e47539″ title_font=”Titillium Web||||||||” title_text_align=”left” title_font_size=”25px” body_font=”Titillium Web||||||||” body_text_align=”justify” body_text_color=”#0b4779″ body_font_size=”18px” title_font_size_tablet=”23px” title_font_size_phone=”22px” title_font_size_last_edited=”on|phone” border_width_all=”0px” border_width_bottom=”1px” border_color_bottom=”#00b1af” global_colors_info=”{}”]<\/p>\n