What is factoring?
Factoring is a way of controlling liquidity and cash flow management. The outstanding invoices are converted into cash by the factor; it is a method of removing your debt worries.
You partly or entirely transfer your debtor portfolio to a factoring company. They will be responsible for both the accounts receivable, the pre-financing of your outgoing invoices, as well as research into creditworthiness of your (potential) customers.
Why factoring?
Factoring is a way of controlling liquidity and cash flow management. The outstanding invoices are converted into cash by the factor; it is a method of removing your debt worries.
You partly or entirely transfer your debtor portfolio to a factoring company. They will be responsible for both the accounts receivable, the pre-financing of your outgoing invoices, as well as research into creditworthiness of your (potential) customers.
This is how we improve your cash flow:
As soon as you hand us the outstanding invoices (1), we will carry out all the necessary administrative procedures for you, giving you more time to focus on other important matters (2).
Your invoices are booked, the credit limits of your debtors are checked and the available balance is calculated (2). The invoices are then sent out to your customers (3).
Commercial Finance Group ensures fast pre-financing for your organization (4). Furthermore, we ensure close follow-up and execution of the recall procedures (5) so the customer pays (6).
BV Commercial Finance Group is the European division of The Commercial Finance Group. A privately held corporation founded in 1976 in the US. The Commercial Finance Group has an international presence: US, Canada, Australia and Europe.
Contact
© 2018, BV Commercial Finance Group - RPR Brussel 632 682 - OR 0465 178 247