During the last few months with the geographically close war activities and price increases, companies ofter find themselves in financial difficulties which cause payment delays. Before starting cooperation with a new business partner, it is important to verify that the client will pay on time. How to avoid potentially late debtors?
From today JSC Capitalia will provide new finance product for small and medium enterprises – invoice purchasing. Invoice purchasing is an easy and convenient way for businesses to improve cash flow and increase working capital. With this product companies can sell their issued invoices for goods or services and receive payment already on the following day. This new and innovative financing product is a modern alternative to traditional factoring provided by commercial banks.
Capitalia offers new financing product - factoring - financial transaction based on invoices that are pledged as collateral. It is a widely used type of loan among wholesalers and manufacturers, and now it is available also to small and medium companies that cannot apply for bank financing.