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Assured liquidity with Crefo Factoring

Are you searching for an alternative credit instrument?

Factoring enables you to turn your current assets into immediate cash liquidity in order to base the growth of your company on a solid footing and to achieve financial advantages towards your competitors.

After selling your accounts receivables, Crefo Factoring will pay around 80% of the invoice amount - after deduction of factoring fee and interests - directly. You receive the remaining 20% when your debtor has paid or at the latest 150 days after the due date, even if the invoice has not been paid yet. So Crefo Factoring takes over 100% of your risk with bad debts. With permanent creditworthiness checks of the debtors, Crefo Factoring tries to avoid the arising of bad debts.

Crefo Factoring also helps you to reduce administration efforts within your company, so you are able to concentrate on your core business. Within the full-service factoring Crefo Factoring takes over the debtors management including the monitoring of debtors, invoicing, dunning, debt collection and up-to-date reporting. Permanent checks of your customers' creditworthiness help you to establish a "healthy" customer base.

Premises

• Turnover per annum at least 250 000 Euros (net)
• Supply of recurring commercial customers
• Granted terms of payment up to 90 days
• Average invoice amout of at least 250 Euros
• Accounts receivables are based on completely performed deliveries or services

Your advantages / savings potentials at a glance

The expenditures for our factoring services stand in opposite to measurable cost reductions:

• Omission or enduring reduction of refinancing costs
• Realisation of idle cash discounts
• Reduction of administration costs
• Avoiding of bad debts

Are you interested in our factoring services?

For further details please do not hesitate to contact your competent Creditreform office:

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