Great Opportunities for the Financing Options Here

Factoring is a modern financial and management product, which offers enormous advantages to industrial, commercial and service providers.

The factoring is materialized with the delivery of goods to a buyer or the effective provision of a service and the early discount of the collection instrument (invoice) to receive the corresponding value in exchange. At Apex capital corp you will be having the perfect deals now.

Obtain immediate liquidity through this financing alternative, gain competitiveness and the ability to develop projects and investments, converting your term business into cash operations. Factoring allows you to mobilize your resources by increasing your working capital and reducing the turnover rate of the portfolio.

  • In the operation of factoring they participate
  • The customer or supplier, who issues an invoice and has Liquidity needs.
  • The source of payment or buyer, who receives goods or services from the supplier.
  • Coltefinanciera that negotiates your invoices, as an entity supervised by the Financial Superintendency and the Company you trust.

In another section, the factoring system has already been explained, and the way in which it can benefit small and medium enterprises. Now we will delve a little more into how factoring works, in its processes and in the way it seeks to benefit its contractors.

The Right Factoring

In factoring there are always three actors: who gives the invoice and therefore makes the factoring contract (who we will call the customer), who receives the invoice (who we will call the factor) and who must pay this bill (who we will call the debtor). There are different models of factoring contracts, but the most recurrent are factoring with recourse and without recourse.

Without Resources

The factoring without recourse is that financial process in which the factor receives the invoice and after delivering liquidity to the client, it takes charge of the collection of the document when the defined term so determines. In this transfer, the factor is fully responsible for the economic damage that may arise in case the debtor does not pay the corresponding invoice. On the other hand, contracting the service with recourse is the factoring contract model whereby the factor receives the invoice and after providing liquidity to the client, it takes charge of the collection of the document when the term defined in the invoice so dictates.

However, under this factoring contract it is the client who must assume the financial damages in case the debtor does not pay the invoice. These two would be the basic models in which factoring turns, and determines its operation both in the factoring market and in the global invoice market. This will allow the execution of the service to operate correctly.

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