Financing fast
Transform invoices into money in 24h and collect as close to the deadline as possible.
Protectionat risk
Option with or without recourse and without additional guarantees, your invoices are sufficient.
Digitization complete
Monitoring and usage through a 100% online Factoring platform.
Consulting dedicated
BT specialists are at your disposal and are here to help you with dedicated solutions.
Financial protection
With factoring from BT, you have non-payment risk insurance (non-recourse factoring), meaning you eliminate losses from unrecovered receivables or bad-paying clients. And because we manage your receivables for you, you save on administrative expenses and personnel costs.
GRANT CONDITIONS
- Do not have a ban on issuing bank checks
- Do not appear with delays in credit at the Credit Risk Center
- Do not have active records in the Bulletin of Insolvency Procedures
- To have a business relationship with the respective partner, based on a contract or an order
you protect yourself from the risk of non-payment
Quick collections,
before the deadline
QUICK HELP
1. Conclusion of the contract
- You choose the appropriate type of factoring (domestic, export, import, with/without recourse).
- We establish together the funding limit and the commercial conditions.
- Quick integration into the BT WEB Factoring platform for invoice transmission.
2.Issuance and transmission of invoices
- You issue the invoice to your client (debtor).
- Upload the invoice in the BT WEB Factoring platform
- BT checks the invoice and confirms eligibility.
3: Quick financing
- You receive up to 90% of the invoice value in your account, in 24 hours.
- You do not need additional guarantees – the invoice is sufficient.
4: Collection and management of receivables
- We monitor and manage the relationship with debtors.
- You have access to reports and statuses in real time through BT WEB Factoring.
5: Collection and final settlement
- At maturity, BT collects the amount from the debtor.
- We transfer the remaining difference to you (minus the agreed costs).
- In the case of non-recourse factoring, BT assumes the risk of non-payment.
Factoring is useful when:
- You have clients who request long payment terms.
- You have access to the limmediate liquidity through quick invoice collection
- Digitized process through the platform BT WEB Factoring
- Do you want to increase your sales without blocking the cash flow.
- You can make quick payments to suppliers and thus obtain commercial discounts
- You can gain an advantage over the competition by offering extended payment terms to clients
- You need working capital without incurring additional debt.
- Factoring offers you access to flexible financing – correlated with the volume of receivables you have to collect
- Reducing financing costs through access to funds before maturity
- You can use the money as you need, for orders, purchases or other expenses
- No real guarantees, real estate or equipment are not required
- Do you want protection against the risk of non-payment.
- Non-payment risk insurance (in the case of non-recourse products)
- You save time and resources by collecting and managing receivables through BT
➤ Factoring domestic with/without recourse;
➤ Export factoring with/without recourse;
➤ Import factoring;
➤ Reverse factoring. 🙂
In case of factoring with recourse, services provided to the Member by the Factor are:
➤ early payment of a percentage of the invoice value (e.g. 80%);
➤ amicable collection;
➤ and claims administration. The risk of non-payment by the Debtor is borne by the Adherent, and in the event that the Debtor is unable to pay the amount related to the invoice, the Factor has a right of recourse (requests the initially advanced amount, e.g. 80%) against the Adherent at a date after the invoice due date established by the Factoring Contract. 🧐
In the case of non-recourse factoring services rendered to the Member by the Factor are:
➤ early payment of a percentage of the invoice value (e.g. 80%);
➤ the insurer of the risk of non-payment by the Debtor (80%-100% of the invoice value);
➤ amicable collection;
➤ and receivables management. The risk of non-payment by the Debtor is transferred to the Factor, and in the event that the Debtor is unable to pay the invoice amount due to insolvency or prolonged non-payment, the Factor transfers to the Adherent the insured amount (80-100% of the invoice value) at a date after the invoice due date established by the Factoring Contract. 🙂
❗⠀Important to remember:Invoices affected by a commercial dispute are not insured.
Convert receivables quickly into cash
With factoring from BT, you turn receivables into cash, without having to wait for the payment terms. So you can focus on business, not on chasing payments.
