quickfactoring
Factoring for small enterprises
As a small company, you know the situation: the order situation is right, but the account is too often empty because customers take their time to pay. Traditional credit? Often difficult to access, slow or linked to unnecessary collateral. Factoring also serves as a growth accelerator for small companies. We show five major advantages for small companies.
Many young or small companies face the same question after starting up: How can I expand my business when the financing hurdles are so high? Banks often require a certain size, creditworthiness or collateral – options that are often not open to small companies.</p
What is quickfactoring?
quickfactoring from A.B.S. is the fast and uncomplicated solution for working capital financing for small companies with an annual turnover of up to CHF 1 million. It is based on the sale of outstanding trade receivables, because small companies in particular realise that sufficient liquidity is one of the most important factors for business success. With quickfactoring from A.B.S., you not only secure immediate liquidity within 24 hours. You also receive professional support in receivables management thanks to established processes and our many years of expertise in full-service procedures. The added security: in an emergency, your invoices are 100% insured against bad debt losses.
Financing for small businesses
Quickfactoring is that simple
You invoice as usual
your invoices to your
customers as usual.
in our customer portal
electronically.
24 hours into your bank account.
5 good reasons for quickfactoring from A.B.S.
- Invoices can be financed up to 100% without providing collateral
- Quick, unbureaucratic decision
- An all-in fee for a better overview of costs
- all-round carefree package by taking over the complete receivables management with protection against payment defaults
- Personal contact person in the A.B.S. team
Who is quickfactoring suitable for?
In principle, factoring is suitable for any business that sells goods or services to commercial customers on account. The use of factoring is therefore suitable for almost every company, but suitability must be assessed on an individual basis. Key factors in the assessment include the nature of the receivables (free of defences and paid in full) and the creditworthiness of your customers.
Excluded from factoring are receivables from VOB construction services and receivables from private individuals (B2C business).
quickfactoring is aimed specifically at small companies with an annual turnover of CHF 300,000 to CHF 1 million.
Is factoring suitable for financing my small business?
Let’s find out! It’s best to use our free factoring checklist. In just a few clicks, you can get an initial assessment of whether quickfactoring is right for your company – simply, quickly and without obligation.
Marc Meier
Managing Director A.B.S. Factoring AG
