Factoring

Factoring

Factoring

What is Factoring?

Factoring is the process of selling outstanding invoices to a third party, known as the ‘factor’. 

The seller sells the invoice at a discounted rate (typically 70%-90%). The factor is then responsible for debt management and payment collection, chasing up the client to whom the unpaid invoice is addressed and charging the full amount.

Factoring is not to be confused with reverse factoring or supply chain finance, where the buyer initiates early payment for suppliers.

How it works?

Funders can…

Attract and retain key clients

Sellers can...

Optimise working capital

Outsource debt management & payment collection

Why choose Finverity?

Our technology, FinverityOS, makes it easy to build, manage and scale Factoring.

There are no complicated manual processes for funders or sellers, and no restrictive limits on what you can do. 

Replace outdated, fragmented systems and deliver more revenue, more efficiency, more flexibility with a single digital system for all supply chain finance products. 

Don't take our word for it. Take theirs…

Read all case studies ->

“The integration was quick and seamless. The impact was transformational. In our view, the best solution in the market”

Olivier Den Tex

Unit Manager, Supply Chain Finance

Want to hear more?

Tell us about your operation and we’ll tailor a demo to you.

Book a product demo

Our experts are here to help!

Don't take our word for it. Take theirs…

Read all case studies ->

“The integration was quick and seamless. The impact was transformational. In our view, the best solution in the market”

Olivier Den Tex

Unit Manager, Supply Chain Finance

Want to hear more?

Tell us about your operation and we’ll tailor a demo to you.

Book a product demo

Our experts are here to help!

Don't take our word for it. Take theirs…

Read all case studies ->

“The integration was quick and seamless. The impact was transformational. In our view, the best solution in the market”

Olivier Den Tex

Unit Manager, Supply Chain Finance

Want to hear more?

Tell us about your operation and we’ll tailor a demo to you.

Book a product demo

Our experts are here to help!