Service
Regular factoring
Challenges with collecting your receivables? We buy your undue existing or future invoices, which directly improves your cash flow and secures cash inflow for your business.
1You assign the undue invoice
2Money in advance, less a commission
3Pays the invoice when it falls due
Service
How it works, step by step
A company with undue receivables from its buyers sells those invoices to a factoring company. The factoring company pays the company the money in advance, less a certain commission.
By buying receivables
On the basis of the invoices you have issued, it pays you the amount straight away, less the fee it charges for that transaction. When the payment term expires, your buyer pays the factoring company the amount of your invoice. By then you have already used the money for new business or to pay current obligations.
- 1
You → X faktorYou assign the undue invoice
- 2
X faktor → YouMoney in advance, less a commission
- 3
Your buyer → X faktorPays the invoice when it falls due
Service
What it does for your business
- Faster cash inflow: the company gets the money right away instead of waiting for its buyers to pay.
- Stability: factoring helps to stabilise the company’s cash flow by providing regular cash inflows, even when buyers are slow to pay.
- Reliance on external resources: it is an alternative to traditional credit and bank loans, which can be especially useful for companies with an insufficient credit history or fast business growth.
By using the services of a factoring company you get funds without long procedures and extensive paperwork, within 48 hours.
With this way of financing you do not put additional debt on your company; instead, you turn your receivables into working capital, the driver of your further growth and development.
With or without recourse
Who carries the responsibility for collection?
Factoring can be with recourse or without recourse.
With recourse
The responsibility for collection remains with you to the end.
Without recourse
The factoring company takes on the responsibility for collection and takes all measures to collect the receivable.
To find out which factoring option is best for your business, we recommend that you contact our team of financial experts.
Prerequisites
What X faktor looks at
The factoring company analyses your company, but also the company that owes you.
- 1Whether the business was done or the service performed
- 2Whether there is a valid receivable
- 3Whether there is the ability to settle it
Companies often use a factoring company’s services even before they start working with a new buyer, because they can get information on the creditworthiness of their new partner.
X faktor assistant
Factoring guide
Describe your cash-flow situation in your own words. The guide shows which of our three services fits, what X faktor looks at, and prepares your meeting request.
- 1You describe the situation — no names or amounts needed.
- 2The guide picks from our three services and explains them with our own texts.
- 3You check the prepared meeting request and send it.
Your text is sent to an external AI service provider (data processed in the USA) only to produce the answer; nothing is stored.
The guide needs JavaScript. Contact us directly: Meeting request form · +387 65 868 007 · info@xfaktor.org
FAQ
Questions about this service
How does factoring work, and what are the benefits for my company?
A company with undue receivables from its buyers sells those invoices to a factoring company. The factoring company pays the company the money in advance, less a certain commission.
The benefits of factoring for companies include:
- Faster cash inflow: the company gets the money right away instead of waiting for its buyers to pay.
- Stability: factoring helps to stabilise the company’s cash flow by providing regular cash inflows, even when buyers are slow to pay.
- Reliance on external resources: it is an alternative to traditional credit and bank loans, which can be especially useful for companies with an insufficient credit history or fast business growth.
What are the advantages of factoring over other ways of financing?
By using the services of a factoring company you get funds without long procedures and extensive paperwork, within 48 hours. With this way of financing you do not put additional debt on your company; instead, you turn your receivables into working capital, the driver of your further growth and development.
How is the relationship between the assignor, the debtor and the factor defined?
The assignor is a business that assigns to the factor its short-term receivables arising from a contract with the debtor for the sale of goods or the provision of services. The assignor is your company, which obtains funds through the factoring process.
The debtor is a business that owes the assignor money for goods or services it bought. Through the purchase of the receivable, the debtor becomes obliged to make the payment to the factor when it falls due.
The factor is the company that buys, that is, takes over, the short-term receivable from the assignor and collects it from the debtor when the invoice falls due.
What are the prerequisites for using factoring services?
The factoring company analyses your company, but also the company that owes you. In this way it establishes whether the business was done or the service performed, whether there is a valid receivable and whether there is the ability to settle it. Companies often use a factoring company’s services even before they start working with a new buyer, because they can get information on the creditworthiness of their new partner.
Contact
Schedule a meeting
Secure fast collection of your receivables today.
Secure liquidity. Accelerate growth.
- Telephone+387 65 868 007
- E-mailinfo@xfaktor.org
- AddressBraće Potkonjaka 4
78000 Banja Luka, BiH - Working hoursMon–Fri 08.00–16.00h