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Factoring System...
Support you provide in financing prevents company from using needless high-cost bank credits, resulting in lower spending on interest payments.

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Functioning of the Factoring System

The parties of a standard factoring transaction are the buyer, seller and the factoring company. The factoring system functions among these parties with mutual agreement and trust in a simple flow.

A factoring transaction is structured with a corporate intermediary, the factoring company, that helps the parties simplify trade relations and provide guarantees. With the help of factoring companies, even the receivables which have a low likelihood of being capitalised can be converted into cash, which brings a number of competitive and financial advantages to the seller. The following explains a sample factoring transaction flow:

Buyer makes an order,
Seller gives Lider relevant information about the buyer and the transaction,
Lider makes credit analysis for the buyer and informs the seller (its client) about its terms and the level of the credit limit approved for the transaction,
The seller and the buyer sign a sell/purchase agreement,
The seller sends the goods with the invoice to the buyer,
The seller sends a copy of the invoice to Lider,
Lider makes the down payment to the seller in line with the pre-agreed terms,
Lider collects the value of the invoice from the buyer at maturity,
Lider pays the remaining amount of the invoice to the Seller.

Fast and efficient solutions
Faster and more efficient solution are brought to your problems by Lider Faktoring thanks to its system totally freed from useless Red-Tape.