A type of financing of the company's liquidity through the purchase of its unmatured receivables or the financing of its obligations to suppliers. It is a process of selling regular receivables and converting them into cash that can be used right away.

• Quick and easy access to cash - by responding in a timely manner to your request and through an efficient approval process, FS is able to pay you within 24 hours from the moment of submitting the necessary documentation.
• Improvement of the company's liquidity and sales growth - using factoring compensates for the current lack of working capital resulting from long maturities. Factoring has an extremely positive effect on better control and easier maintenance of liquidity, which facilitates further sales growth.
• Better business image of factoring users as a result of better cash flows and easier planning. In addition, as a result of regular settlement of obligations, the company creates opportunities to get significant rebates for advance payments or payments within the maturity date.
• The possibility of obtaining cash regardless of credit rating, and without a negative impact on the financial position of the company and its credit rating with creditors.
• Positive impact on the company's financial reports - which creates conditions for easier and more favourable loan negotiations with commercial banks.

Factoring is an extremely useful instrument for improving liquidity for all companies and in almost all industries. Small and medium-sized companies are the dominant users of factoring, but in addition to them, it is also available to large companies, as well as beginners in business (so-called start-ups).

FS offers its clients the services of purchasing their receivables through recourse and non-recourse factoring. Our company also offers reverse (supplier) factoring, the purpose of which is to purchase the company's obligations to its suppliers.

Recourse factoring is a type of factoring where the company that assigns the receivables guarantees for the collection. This means that in the event that the factor cannot collect the receivable from the debtor upon maturity, the factor has the right of recourse to (collection from) the company that assigned the receivables. Although this type of factoring is not popular among companies, there are a couple of advantages of this product. The company can quickly and easily provide the necessary liquid funds regardless of the debtor's creditworthiness. The debtor is not aware of the existence of the recourse option, so the mere assignment of receivables can create additional psychological pressure towards the timely and due settlement of obligations. Also, the factor will work together with the assignor of the receivables on the collection from the debtor.

Non-recourse factoring is the most favourable type of factoring for the assignor of receivables, because in this way the factor assumes the complete risk of collection. However, in order to carry out this type of arrangement, it is necessary to provide the debtor's consent to pay within the defined period.

This type of factoring allows you to settle obligations towards your suppliers.

Advantages for your company:

- extended payment terms,

- savings, with approved rebates for early payment.

Advantages for your suppliers:

- satisfaction with successfully completed work and payment,

- long-term relationship.