Reverse factoring solutionsPosted by Gordon Just on June 1st, 2021 Reverse factoring is a win-win financing solution for businesses and suppliers to improve both of their cash flow situations. Viva Capital is one such reverse factoring company that offers its reverse factoring services, to medium and large businesses in particular, that deal with many, or a significant supplier account that requires payments to be done on time. When you go the reverse factoring route, you outsource your outstanding invoices payment process to a third party who settles the outstanding balance for you before it even becomes due, allowing you to capitalise on early payment discounts and build credible relationships with your supplier. The benefits of reverse factoring factor invoices explained Reverse factoring provides benefits for both the business and the supplier and indirectly streamlines the supply chain process so that the flow is not disrupted by unpaid invoices or outstanding monies still to be received so that operations can resume as normal. With our quick pay solutions, suppliers can be assured that they won't have to wait long for their invoices to be settled and businesses can reap the benefits of settling all their outstanding invoices early. Our reverse factoring services are an affordable solution to staying on top of your accounts payables so that you don't have to worry about paying outstanding invoices, especially in fluctuating markets, that can affect your cash flow ability to cover debts on time. If this sounds like a viable option to you, contact Viva Capital to see how reverse factoring could benefit your business.Like it? Share it! |