Factoring is a combination of financial services and credit management tools that enable the company to qualitatively strengthen and financially value its credits portfolio and its commercial capacity to penetrate into the market.
Differently from other products, through the use of factoring a company can obtain more consistent lines of credit and advance payments; maximizing in terms of liquidity its commercial credits portfolio.
The services include:
- Credits advancement before the due date (up to 100% of their value)
- Credits management and collection
- Debtors evaluation
- Guarantee of credits fruition
The management and financial services of Factoring are governed by Law 52/91 and by art. 1260 of the Codice Civile.