Laskukauppa.com

Factoring is an invoice financing service that enables a company to finance its working capital needs by transferring invoices to a financing company. The finance company grants a short-term loan to the company against the trade receivables transferred. The loan is repaid when the invoices are paid by the buyers to the finance company's account by the due date.

The service is ideal for an SME with a large receivables backlog, both in terms of invoices and euros. The service is suitable for companies in a strong growth phase that need flexibility in working capital financing for growth.