Franco Marcarini, Head of Factoring illimity
Who we are talking to
Factoring is a product-service aimed at businesses that sell goods and/or services to other businesses (B2B). By opting for factoring, companies have access to credit management, risk coverage and the monetisation of receivables as well as the deconsolidation of their assets.
Our offering
Factoring pro-soluto Ias compliant
Businesses make an “outright” sale of receivables deriving from transactions carried out inside and outside Italy, transferring the risk of the debtor’s failure to pay and deconsolidating the receivables from their balance sheet, in this way enabling them to improve their ratios and ratings.
Reverse factoring
An activity that forms part of supply chain finance and provides the possibility for suppliers of the debtor company to dispose of the receivables due from the debtor and obtain immediate liquidity, benefiting from the creditworthiness and rating of the large debtor.
Contract advances
“Bridging” activities provided by the factor enabling businesses to receive advances on contracts entered into with their customers for purchasing supplies or for worksite preparation. These advances are then settled proportionately as and when the invoices are issued.
Factoring pro-solvendo
A business can transfer trade receivables to the factor, obtaining immediate cash, together with management of the outstanding balances, while still continuing to retain the collectability risk.
