Factoring, also known as affacturage
is a cash management tool that enables companies to transform their trade receivables into immediate cash. In other words, BTL buys your invoices and pays you a cash advance, generally between 80% and 90% of the total amount of your receivables.
Factoring offers many advantages for your company
- Optimize your cash flow
You benefit from immediate financing, enabling you to cover your cash requirements without waiting for payment terms from your customers. - Reduced financial risk
BTL handles the collection of your invoices, enabling you to outsource the risks associated with non-payment. - Simplified administrative management
BTL takes over the management of reminders and collections, freeing up your time to concentrate on developing your business. - Flexibility
You can choose the invoices you wish to finance, and adjust your contract according to your needs.
Contact us to find out how factoring can benefit your business!
At BTL, we offer you a tailor-made factoring solution, adapted to your needs and your business sector. Our team of experts is on hand to answer all your questions and support you every step of the way.