Factoring benefits include:
- Improves Buyer’s working capital;
- Improves Supplier’s access to capital;
- No exposure or increase in Bank debts;
- Opportunity to extend, tailor and rationalize trade terms;
- Opportunity to negotiate lower trade pricing;
- Opportunity to approach new Suppliers;
- Improved Buyer and Supplier relations;
- Simplicity and flexibility as a financing and working capital support instrument.