Discover how you can tell your story with Factris
Factris is empowering countless SMEs just like you. Learn what others are accomplishing to inspire your journey to success.
Industry: Industrial assembly; Funding limit: 150K
We helped a lovely customer who works with individual orders of various industrial and household electrical appliances for companies. When fulfilling large orders, the 30-day payment term doesn’t start until a customer has received their manufactured equipment installed. Until now, our new client was not aware of factoring, but after consulting with a Factris representative, it became clear that factoring is ideal for growing his business without worrying about the lack of resources.
Industry: Furniture assembly and interior design; Funding limit: 50K
Industry: Wood trading; Funding limit: 130K
Industry: Medical equipment; Funding limit: 200K
Industry: Cleaning; Funding limit: 15K
Industry: Print and branding; Funding limit: 45K
The costs for pre-financing the products can be pretty high for large orders because the products sometimes must be pre-financed for up to twelve weeks from purchase to delivery to the end customer. By making use of factoring, the invoices can be paid immediately so that there is a structural cash flow available for the company to realize the purchase of products.
Industry: Transport; Funding limit: 40K
By using factoring via Factris, he can make his entire debtor balance liquid, which immediately releases money. The upcoming invoices are also paid within 24 hours so that no more opportunities are missed.
Industry: Trading; Funding limit: 840K
But thanks to factoring, they now have the ability to make the payments later, resulting in a significant increase in customer orders.
Industry: Construction; Funding limit: 50K
Factoring with Factris eliminated this problem, allowing them to shift their focus away from worrying about unpaid invoices and back towards growing their company.
Industry: Fibre Optic Industry; Funding limit: 900K
Initially, our customer in the communications industry was no exception. But with help from Factris, this new customer can not only maintain steady cash flow but can even expand his workforce as he confidently focuses on running his business.
Industry: Display; Funding limit: 600K
Without the working capital they needed, our customer couldn’t purchase the materials to fulfill the numerous orders.
Factoring their invoices with Factris changed all that, providing the cash flow they needed—and at just the right time. Instead of turning down growth opportunities, our customer can successfully run their business and even expand in this difficult time.
Industry: Ecommerce; Funding limit: 360K