Your tailor-made factoring solution
Factoring refers to the transfer (sale) of receivables to a third company (factoring company). After taking over receivables, the factoring company pays the amounts due and assumes the risk of loss as well as the receivables management at the same time. A fee and interest will be invoiced to the factoring client by the factoring company.
CrefoFACTORING powered by GRENKE
The more fast-moving the market becomes, the more participants have to be sensitive and vigilant in order to stay competitive. In particular in the B2B market, issues such as liquidity and risk play a major part when it comes to maintaining and further increasing competitiveness.
CrefoFACTORING makes it possible to substantially increase planning safety. Receivables are paid immediately, and resources are saved as a result of a major simplification of the receivables management process. In addition, you will also benefit from a reduction of the burden on the administrative and staff level.
Overview of customer benefits
- Ruling out of the risk of lost receivables
- Increase of the company’s liquidity
- Improved planning safety through calculable liquidity
- Fundable growth without risks
- Savings in purchasing by using discounts
- Relief in your receivables management
- Improved balance sheet and improved equity ratio
- The removal of risk components improves your balance sheet rating
- Optimisation of earnings through an improved cost/benefit ratio