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: Print and branding
Funding limit: 45K
The company prints different products, such as notebooks, water bottles, promotional materials, and pens. When the products are purchased, payment must be made immediately, then the products are sent and delivered to the customer. The customer then receives an order to print the product and delivers the product to the customer.
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.
Funding limit: 40K
This company has two trucks every week that transport sea containers with products to the customer. The company sees opportunities that it wants to take advantage of but faces long payment terms.
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.
Funding limit: 840K
One Factris customer trades 3 different kinds of steel. Before Factris, his business was limited by customers paying in advance due to a lack of cash flow.
But thanks to factoring, they now have the ability to make the payments later, resulting in a significant increase in customer orders.
Funding limit: 50K
With a payment term of 14 days, you might expect that this company wouldn’t struggle for cash flow. However, the actual payment wasn’t usually received until after a grueling 45 days—all while costs of running their business continued to accumulate.
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
Unfortunately, it’s normal for businesses to struggle with maintaining uninterrupted cash flow during the pandemic—especially with regular expenses such as paying employees’ salaries on the weekly payroll.
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.
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.
Funding limit: 360K
Thanks to financing support from Factris, our new customer in the e-commerce industry has the capital they depend on to remain in control.
Factoring has empowered them to keep their supply chain running smoothly, liberating them from living day to day instead of helping them plan for future growth.
Funding limit: 200K
Our customer who runs a marketing agency contended with a common problem: the ongoing issue of juggling immediate expenditures while having to wait many weeks for invoices to get paid.
However, Factris set them free from this negative cycle with almost instant working capital via factoring. Now our client can continue to fulfill orders and pay employee salaries after receiving fast working capital.