Using a factoring gives an opportunity for a small and medium-sized enterprise to control the supply of money giving bills to the Finora Capital.
Factoring terms and conditions:
Entrepreneurs are inspired and motivated to do business. The success of small enterprises depends on customers’ payment behavior. To maintain the ability to compete small entrepreneurs have to maintain business ties with big redistributors. Due to this kind of cooperation the level of revenues increases, but on the other hand the risk from long payment periods also raises. For this reason a successful period for a small business can change into more challenging one as the period of payment can be prolonged for more than a month and suitable financial solutions cannot be found. One of the options then is factoring or discounted sale of invoices.
Finora Capital is an Estonian capital based company which offers advantageous and flexible financial opportunities for customers. The factoring is one of them. It has become quite popular in the world, especially among small enterprises. Our aim is to help SMEs to grow and develop. For this reason we have introduced a service which is mostly directed to SMEs for whom financing from big banks is too expensive and complicated. Our main advantage is absence of minimum financing limit and of binding contracts. Our service is personal, professional and quick.
The results of current calculator are approximate and illustrative. More precise information about borrowing related costs can be found here.