About Factoring

Factoring is a quick and easy way of turning invoices into cash. The process consists of selling the client’s receivables to the factoring company (invoices) for immediate cash rather than waiting for the expiry of the credit period to get paid. Factoring guarantees your company immediate liquidity, it also provides you with a first class receivables management service as well as a protection against bad debts. With Factoring from LCI Factors, you will benefit from:

     * Permanent liquidity due to turnover related financing
     * Security against bad debts
     * Efficient collection service
     * Customer receivables management
     * Improved balance sheet ratios and enhanced creditworthiness
     * Competitive advantages and development of new sales potential
     * Increased liquidity not registered in the central credit register

Products

We will tailor our service to meet your specific requirements; you can choose between a Full Factoring or a Maturity Factoring service.

Full Factoring

The Full Factoring service is the classical factoring product that consists of immediate payment of up to 90% of receivables 48 hours after receiving your invoice, combined with the credit insurance service as well as the customer receivables management systems.

Maturity Factoring