Factoring - advantages
Factoring is a service offering measurable benefits to all parties involved.
SUPPLIER BENEFITS
- improvement of cash flow – significant reduction of payment receipt time for delivered goods (services),
- limitation of payment congestions and possibility of lack of payment,
- possibility of turnover increase due to earlier receipt of liabilities,
- possibility of offering better payment terms to recipients (competitive edge),
- reduction of demand for financing from credit,
- possibility of improving financial indices and structure of balance,
- access to option of receivables management and transferring the function of liabilities administration to the bank.
DEBTOR (recipient) BENEFITS
- no preparatory commission costs,
- significant reduction of formalities and preparation of documentation related with bank financing,
- in factoring with additional financing option – possibility of repayment of incurred debts in parts or in whole in convenient time during agreed term of financing,
- regularity of deliveries due to stabilization of supplier’s financial position.
Bank DnB NORD Polska Spółka Akcyjna z siedzibą w Warszawie, ul. Postępu 15C, 02-676 Warszawa, zarejestrowana w Sądzie Rejonowym dla m. st. Warszawy,
XIII Wydział Gospodarczy KRS pod nr KRS 0000022156, NIP: 525-22-12-939, REGON: 017296065, Kapitał zakładowy 770.200.000 zł (wpłacony w całości)