Reference
Full-service factoring
for Bensan AG
Liquidity through factoring with A.B.S. – also for small businesses
Factoring for small businesses
Be it soups, sandwiches, ready meals or sauces, Bensan AG from Uetendorf in the canton of Bern has been synonymous with enjoyment and joie de vivre since it was founded in 2011. The small company with its owner and managing director Ibrahim Ben specialises in ready-to-eat foods that meet high quality and freshness standards. The convenience products, which are freshly produced in-house every day, are sold to major Swiss retailers such as Coop and Manor as well as smaller bakeries.
Flexible and growing financing with A.B.S. Factoring
A great deal of flexibility is required in the production and distribution of fresh food. Orders can vary greatly from day to day. “One of the most important things as a company is to have sufficient liquidity to be able to handle several large orders within a short space of time,” says Mr Ben from his own experience. A few years ago, he wanted to concentrate fully on the production of fresh convenience products and was looking for financing that would ensure his liquidity even in the event of fluctuations in demand and would grow with the expansion of his company. “The offer from A.B.S. Factoring AG seemed just right for us,” reports Mr Ben.
“Thanks to A.B.S. Factoring, we receive immediate payment of our outstanding accounts receivable and thus remain liquid at all times. The fact that A.B.S. Factoring AG takes over our accounts receivable management provides us with further relief. This means that we no longer have to chase outstanding accounts receivable. Only the sales-promoting part of the customer relationship remains with us.” Mr Ben can also view the maturity structure of his debtors in real time via the A.B.S. Factoring AG online portal. As an entrepreneur, he therefore retains control despite outsourcing the accounts receivable management and can intervene in the standardised processes where necessary.
Ibrahim Ben
Managing Director Bensan AG
Financing partner at eye level
Ibrahim Ben has been working successfully with A.B.S. Factoring AG since 2015. In addition to the reliable supply of liquidity, he is also impressed by the personalised customer service and the partnership-based collaboration on an equal footing. “I can warmly recommend A.B.S. Factoring AG to any start-up or company that has liquidity bottlenecks due to seasonal fluctuations in turnover. They are very competent and professional. I wish them continued success.”
Further examples from practice
