Factoring is a short term financial tool, through which a company assigns its account receivables (invoices or other commercial credits) to a factoring company, converting them into prompt cash advances.
Assigning its commercial credits to Popular Factoring an adherent company simplifies its administrative processes, strengthens its cash flow while it reduces the credit risk on bankruptcy or insolvency.
The financial package we offer enables you to strongly compete in any market. Popular Factoring makes its services available to all sectors, offering financing, credit risk protection on insolvency and non-payment.
We offer you a tailor-made solution for your company.
Evaluate your financial needs and assure the support of Popular Factoring and improve your cash-flow, credit risk protection and collection management by getting:
- Higher quality on your client’s portfolio
- A simplified accounting
- Efficacy and control on collection management
- Improvement on your balance sheet financial ratios
- Reduction of your figures on Central Risk
- Capacity for increasing your business
- Access to new markets and increase of your exports
Take advantage of the experience of Popular Factoring.