Advantages of Factoring

The advantages of factoring offered by AFS

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• Fast and flexible approach, analysis and contract signing within a very short period of time after the data collection completion.

• Receiving financing in less than 24 hours after acceptance of invoices by ACCESS FINANCIAL SERVICES.

• Financing almost the whole of the net value of the invoice (funding 95% of the invoice amount net of VAT).

• You can get financing for invoices that are cashed through various means: payment order, promissory notes, bills of exchange.

• You can offer your customers payment terms longer than usual (up to 90 days). 

• You do not need material collateral to qualify for financing the trade receivables.

• In case of factoring without recourse, financing bills will not appear as a payment obligation in the balance sheet.

• Already fixed costs, known from the beginning. Without further complicated interest calculus.

• Products customized according to your needs.

Factoring and the factoring credit type represent the ideal solution for financing companies in Romania which:

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• Posse receivables from goods or services delivered, with deferred payment terms

• Give or wish to give customers longer payment terms

• Have an urgent need of cash

• Do not hold other guarantees besides their receivables

• Are set up recently

• Have a fast growing business or seasonal activities

• Have insufficient access to other sources of financing

• Wish to have credibility based on the dynamics of their activity, not on the assets owned