Business financing.
Clearly explained.

Factoring is financing against your business’s receivables. You assign an eligible invoice receivable to a finance provider, which pays an agreed advance. Once the customer pays, the remaining balance and fees are settled.

Factoring generally applies to completed, documented B2B transactions with invoices that are not yet overdue. Eligibility depends on an assessment of your company, customer, invoice and underlying transaction.

Fees may depend on the invoice value, financing period, customer risk and contractual terms. Your individual offer should explain the total expected cost, the amount you receive and the settlement process.

For existing contracted customers, disbursement may take place within 24 hours once the documents, checks and all funding conditions are satisfied. Initial assessment and contracting require additional time.

The customer may need to be notified of the assignment and payment instructions, and asked to confirm the receivable. Your offer and contract explain the exact process.

Late-payment costs and repayment obligations depend on the agreement. Factoring does not automatically transfer all customer default risk. Discuss recourse rights and any insurance conditions before signing.