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Confidential Factoring |
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Quotation example |
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The company P., a subsidiary of an American group, specializes in retailing of medical prostheses.
The growth in its turnover has been spectacular: it has tripled in 3 years, and now stands at 30 M€. On a regular basis, the shareholder has strengthened the financial structure of its subsidiary in order to allow it to keep up with its investments. However, it has asked its subsidiary to ensure the financing of its operating cycle and to shorten the payment times.
Wishing to maintain a direct relationship with its clients, it has followed the advice of credit-insurance.com, and taken out a non-notified factoring contract in order to finance its working capital requirements.
The Factoring House receives a commission of 0.3% of the company's turnover and financial fees according to its actual cash flow uses. |
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