FULL SECURITY AND SERVICE
Your liquidity is good - you do not need pre-financing of the claims. However, you want to make sure that this stays that way. In addition, you have more important things to do than taking care of collection. Then, Due- Date-Factroing is the right thing for you.
Due-Date-Factoring is the secure option amongst factoring products. We assume the entire risk of payment default. Should your customer not honour his debts, we will refund you 100% of the invoice sum.
Which leads us to the differences between our product and a trade credit insurance. In contrast this type of an insurance, Due-Date-Factoring does not incur any cost contribution or insurance tax. Furthermore, you do not have to adhere to any reporting deadlines – i.e. you cannot violate any obligation of duties – which takes quite a burden of your administration.
At least as convenient for you: Assumption of the entire debt collection system is part of the standard product. In addition, you also have the option of entrusting us with debtor management and dunning.
Risk protection and relieving service – those are the two pillars on which Due-Date-Factoring by BNP Paribas Factor stands.