Factoring is a complex of financial services, which includes the assignment of receivables (financing of supplies) and accounting of the state of receivables, the timeliness of debtors’ settlements with your enterprise.
1 – Supply of goods (provision of services) on the terms of deferred payment
2 – Submission of documents and assignment of receivables
3 – Transfer of part of the funds (80% of the delivery amount)
4 – Payment of 100% of the amount for shipped goods (service provision)
5 – Transfer of the remaining funds (20% of the delivery amount)