Factoring

Factoring spans all industries and is a perfect solutions for companies that:

  • sell on credit (defer payment for their buyers)
  • look for a flexible source of financing that is customized to the way their business operates
  • have a circle of regular customers
  • look for sources of financing other than conventional loans
  • want to eliminate the risk of non-payment by their customers
  • need to improve or maintain payment discipline of their buyers
Why choose factoring provided by KUKE Finance?
Factoring improves your company’s financial liquidity
Factoring provides instant access to cash tied up in unpaid invoices.
It saves you both time and cuts costs related to effective credit control
Factoring allows your company to be more competitive. You are able to offer longer payment terms to customers without hurting your company’s liquidity.
Factoring protects your company from bad debt
The factor takes on the risk of non-payment by your customers (in the case of non-recourse factoring).
Factoring is an easily accessible form of financing
Unlike conventional bank loans, factoring does not require collateral. Also, factoring requires fewer procedures and allows faster advancement of funds to the company.
It does not weigh down the balance sheet of your company
Unlike traditional bank loan (in cae of non-recourse factoring).
Factoring allows your company to be more competitive
You are able to offer longer payment terms to customers without hurting your company’s liquidity.
Factoring
working for your company
Growth

Guaranteed financial liquidity and freed up cash for the growth of your company.

Peace of mind
No more concerns about your buyer not paying on time.
Convenience

Easy access to information about your receivables on our online platform available 24/7.

How can we assist you?
We will help you choose solutions best suited for your business.
What is factoring?

Factoring is a transaction in which a business sells its accounts receivable (invoices) to a factoring company, also known as a factor. In exchange, the factor immediately advances cash to the business.

Factoring is a comprehensive financial service available to companies of all sizes. In addition to providing instant access to cash, factoring combines credit risk protection, accounts receivables bookkeeping and collection services.

How does factoring provided by KUKE Finance work?

KUKE Finance agrees to purchase your outstanding invoice before its due date falls. In return, subject to the terms of the purchase set out in our agreement with you, we immediately advance up to 90% of that invoice value.

The remaining balance, in this case 10% of the invoice value, is available to you after we have received the payment from your customer. The entire process of sending invoice details and keeping track of payments can be managed online through our factoring service system.

1
Delivery of goods /Performance of services
2
Confirmation of receipt of goods / Performance of services
3
Information about receivables sent online
4
Advancement of cash
5
Payment on time
6
Settlement of accounts
Supplier
Buyer
KUKE Finance

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A reliable business partner
Over the past 30 years, thousands of Polish companies have benefited from our solutions enabling safe growth of their business in Poland and worldwide.
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Over the past 30 years, thousands of Polish companies* have benefited from our solutions enabling safe growth of their business in Poland and worldwide.
*from small family businesses, through medium-sized companies to the largest international corporations