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Starting a business is costly. Your turnover is still relatively low, and you probably lack experience of credit management. In any case, you have little time for it because you are too busy setting up the company. And, as a small trader, you are probably looking after both sales and invoicing – which means that you are forced to chase up slow payers who are also important customers.
Your issues
- You are spending too much time on credit management.
- Your credit management structure is less than ideal.
- You are unable to promise suppliers prompt payment, and so cannot negotiate discounts.
- There are tensions between the credit management and sales functions.
Our solution Through our special StartersFactoring service, IFN Commercial Factors takes over your credit management and provides you generous, flexible financing, based upon your receivables. That means…
- You can concentrate upon your core activities.
- Quick access to your money.
- Continuity in your credit management.
StartersFactoring from IFN Commercial Factors is particularly suitable for trading and production companies, the graphics industry, the textiles sector, business services providers and employment agencies. You qualify for this service as long as you have at least five commercial debtors and an annual turnover of €100,000. Naturally, it is subject to certain terms and conditions.
Read more about credit financing and credit management for SMEs.
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