Factoring enables you to plan your company’s cashflow
Operating finance based on the assignment of receivables to a factoring company can help you deal with fluctuations in the amount of your ready cash stabilise and better plan your cash flows. In addition, Transfinance hedges the risks of non-payment by customers, so clients can be sure that they will get paid for the goods/services they supply. By actively managing and collecting receivables, Transfinance improves the payment discipline of your domestic and foreign customers.
The basic products offered by Transfinance include domestic, export and import factoring, as well as forfaiting and credit protection.
„Thanks to Transfinance we had no trouble obtaining not only short-term working capital, but, in particular, valuable information about the payment discipline and rating of our potential foreign customers.“