What is factoring good for?
How is factoring better than a loan?
What is factoring good for?
No, you don't have to!
Unlike a loan, in factoring there is no need to provide collateral in order to receive money. Your receivables, that is, future earnings, become collateral.
You have sold a product or service and invoiced your customer. Now your buyer owes you money. It is the buyer's debt that is the collateral.
It is enough for us that you provide us with an invoice, an invoice agreement, a certificate of completion and that's it.
You already have money for your goods or service!
You do not have to wait until the customer pays you, while, as usual, the wait can be delayed...
VIMcredit will pay you and wait for your client to pay!