WHAT IS FACTORING?
How does it work?
The main advantage of factoring is the release of funds frozen in unpaid invoices.
In addition, the company is certain to receive funds immediately after the invoice is issued and can count on the optimisation of the receivables portfolio management process, which means time savings, verification of the credibility of the clients by the factor and appropriate distribution of the commercial risk.
In the case of full factoring, offered by ARP Faktoring, there is also protection against the insolvency of contractors and additional verification of clients by the insurer.
BENEFITS FOR ENTREPRENEURS:
Increased liquidity of the company.
Saving of time and reduction of costs
Economy of time and reduction of costs connected with receivables management.
Greater security of cooperation with customers.
Better balance sheet
Relieve the burden on your balance sheet.
Cooperation with proven and reliable entities.
A modern solution for business.
Companies that can apply for factoring in IDA S.A. are those that:
- have an annual turnover exceeding PLN 4 million,
- have been operating for at least 2 years,
- maintain full accounting records.
The service is available to entities regardless of their industry.