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| Debt Factoring |  The company, factor, supervises timeliness of payment of your deliveries by the buyers, predicts terms of collection, reminds debtors of the obligations at a delay of payment, gives the client the detailed reports on a condition of debts.
The client saves on creation of additional workplaces or on payment of additional working hours of the personnel which is carrying out the control by debts.
The circuit of realization of the factoring:
1. With the company, the Seller concludes the contract about factoring service and coordinates the list of the buyers for realization factoring of operations.
2. The seller carries out delivery of the goods buyer on conditions of a delay of payment.
3. The buyer confirms delivery by granting of the appropriate documents.
4. The seller transfers the received documents to the company - factor.
5. The seller sends the message to the Buyer - debtor about the new essential elements for payment and the acknowledgement on delivery of the Buyer transfers to the Company - factor.
6. The company - factor lists on the account of the seller advance payment at a rate of up to 80 % from the sum specified in the documents.
7. The debtor-buyer pays the sum of delivery on the account of the company - factor.
8. The company - factor lists the rest of the sum under the documents minus the income on factoring to the seller.
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