What is Factoring Film BNp Paribas Factor
THE PERFECT SUPPLEMENT
Factoring is the perfect financing tool to secure your liquidity and minimise business risks. In equal partnership, we provide you with a reliable and efficient design of your receivables management.
WHAT IS FACTORING AND HOW DOES IT WORK?
Factoring is a means of short-term corporate financing. You sell your receivables from deliveries of goods or services to us, your factoring partner.
We provide you with the following services:
- Prompt payment of up to 90% of the outstanding receivables
- Assumption of the del-credere risk of a default
- Handling of the entire receivables management
- A strong partnership
- More security
Generally, factoring can be performed in a silent or open way. In open factoring, your customer is informed that the receivables have been sold and ceded. In the silent version the customer does not receive any knowledge that the claims against him have been sold to BNP Paribas Factor.
All your factoring advantages on a view.
Watch our movie 'What is factoring?' with English subtitles: