Full Factoring – with notification

Full-Factoring: Financing, commercial credit insurance and receivables management
Notification: Our client will inform his customers about the assignment of the receivables to us.

Our services:

• Advance 70 to 90 % of the invoice amount within 1 to 2 days
• Advance current domestic and foreign receivables
• Finance CHF, EUR, GBP and USD currencies
• Protection against lost receivables with a commercial credit insurance policy
• Debtor assessment for creditworthiness and solvency
• Collection by credit insurer

Options:

• Cut-out Factoring: Advance of a defined segment of receivables
• Own insurance: Have your own credit insurance policy as part of the factoring contract

Target Groups:

• Swiss SMEs in the business-to-business sector (b2b), at least first 12-month business report avialable, turnover up CHF 500'000

Expenses:

• Factoring fee in % of turnover
• Interest for money lent-by-day
• Debtor credit limit fee
• Yearly re-audit fee

Requirements:

• Swiss SME in the business-to-business sector, first 12-month business report available, turnover up CHF 500'000, Creditreform rating index below 300 points, no insolvency record in the management, accounts receivables free of an assignment, no right of return of the deliveries