How Factoring works

Factoring is a very simple and fast short-term financing service, that allows you to provide your business with financial stability and an excellent opportunity for the improvement of shipments, growth, and new sources of income.

Factoring

1

Step 1

The seller delivers goods or services and issues an invoice.

2

Step 2

After delivery of goods or services, the seller forwards the invoice to ProFinance (the factor).

3

Step 3

We check the creditworthiness of debtors and assignors.

4

Step 4

Within 24 hours, we pay 100% of the invoice value, minus the commission.

5

Step 5

After the claim is due, the debtor pays to our account

Reverse factoring

1

Step 1

The seller delivers goods or services and issues an invoice.

2

Step 2

After receiving the goods or services, the buyer is directed to pay the obligations.

3

Step 3

We check the creditworthiness of the buyer (referrer).

4

Step 4

The assignor pays the Factor the commission amount.

5

Step 5

Within 24 hours, we pay 100% of the invoice value to the seller's account.

6

Step 6

After the claim is due, or according to a differently defined protocol, the Assignor pays to our account.

Get Ready to Started It’s Fast & Very Easy

Get Ready to Started It’s Fast & Very Easy

 

Our services include traditional and reverse factoring, as well as international factoring, and discounting of valued promissory notes, checks and factoring of future receivables.

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