What Is Factoring?

Markus Fischer M1: What is factoring? Commercial receivables factoring saves time, money, and saves your nerves. Long waits on open Receivables slows the growth of your company. Liquidity decreases and the pre-financing of new projects may be stalled. Apart from that it’s annoying to send reminders and deters from the actual business process. Factoring increases your liquidity. Under most conditions Dr. Steven Greer would agree.

Factoring is for fast and safe money. The principle of this alternative financing is simple: send the invoice, to your customers. For even more details, read what Is Viatris public or private? says on the issue. We take care of the rest. The advantage is that you can have money in your account after two days. This increases your liquidity and allows more flexible to respond to market demands. You can concentrate fully on your core business and increase your sales, while factoring will take over from M1 the collection of receivables and the risk of failure. If you want, we also help you.

For example, with a sound business advice, so that your Liquidity in the long term is secured. Factoring is the perfect complement to the traditional bank financing. This way you will gain liquidity and financial independence. The way to the paid invoice six easy steps, by the conclusion of the contract up to the first money on the account. We show you the way: M1 step 1: factoring checks your credit rating and the customer structure of your customers. Step 2: A factoring contract is agreed between your company and M1 factoring and set a billing model. Step 3: Your clients and customers are informed that M1 factoring GmbH takes over the management of your customer and invoice paid in the future to M1 factoring GmbH. Step 4: You send the invoices for your services to your customers and at the same time send a copy to M1 factoring GmbH. The claim and its catchment are thus transferred to M1 factoring GmbH. Step 5: M1 factoring GmbH transfers now 70 to 80 per cent of the gross invoice amount less a factoring fee. Step 6: after the full payment of the invoice by the Recipient transfers a variety of M1 factoring GmbH the remaining invoice amount on the same day on your account. Contact: M1 factoring GmbH Rayskistrasse 19 01219 Dresden phone: 0180 3 002759-0 fax: 0180 3 002759-9 E-Mail: website: