Factoring

EOS takes on your unpaid receivables

As a rule, your customers pay their bills – in the end. It’s just that sometimes it takes quite a while. But you need the money for, say, an investment right away. In this situation, factoring as a modern financing tool is the right solution for you.

EOS’s SME factoring service is geared specifically to the needs of small and medium-sized companies. EOS, independently of your principal banker, generates liquidity for you, assumes the risk of defaults in payment – and never loses sight of the specific particularities of the market.

Simple yet efficient: Factoring process

The principle of factoring is simple but effective. The company in question sells to the factor the receivables owed for fully performed goods deliveries or services. The factor pays for the bulk of the purchased receivables immediately, thereby pre-financing the company’s sales. Thanks to this quick pre-financing, the company’s liquidity increases and its balance sheet improves. If the debtor pays the full invoiced amount to the factor, the seller of the receivables receives the remaining sum from the factor right away.

For SMEs in particular, then, factoring as a form of financing provides an answer to the banks’ retreat from the corporate lending business.