Balboa Factoring - A Trustworthy Name in Immediate Cash Flow

Posted by balboafactoringpanama on September 26th, 2014

Businesses need money at all times and whether it is for buying new equipment or for giving away incentives, there could be many times when the financing needed to be done. When a company that has already been in the industry for a long time, needs an urgent amount, all that it has to do is to seek immediate loan from a third party. This third party could be a money lender who could give you money on mortgage so that after some time, you can pay them back and get back whatever you had mortgaged. But today, those living in Panama, have Balboa Factoring, Modern day companies resort to factoring as an easy way of procuring instant money and still not be worried about any liability.

 Why Balboa Factoring is gaining popularity?

Balboa Factoring is a company that helps out a company by being the funding source and giving you the money when they need it the most. It was set up in 2006 to help companies by funding their urgent monetary need. If a company has long list of account receivables that are only continuous, and yet when money is needed immediately, these factoring companies enter the scene and help you out by giving you the money in exchange of an invoice that you have as a document for receiving payments.

 How Balboa Factoring can take away all your worries?

Balboa Factoring has been helping people from the time of inception of the company so that when a company needs instant cash, they can be given just that. Those who are in Panama know that Balboa Factoring is one company that can be trusted for being the source factor and their rates. When you deliver your goods to your customers and receive an invoice, then the factoring company offers you money based on the customer’s credibility and their credit worthiness. This is the reason it saves you a lot of headache.

Transparency is a great deciding matter in the business of factoring and paperwork needs to be in top order for a company to do this business. Where many people confuse factoring with loan, it is definitely not that, since as a client seeking money from a source or a factoring company, you personally are not in any liability to pay back the amount to the fund source. Rather, on receiving the invoice, the company will expect the customer to pay you back. Instead, the customer will pay the amount to Balboa Factoring, so that you can ensure that you get your money and that too without any of the headache.

The factoring company will ensure that your collections are also done in time and you receive all the payments with the same promptness that you deliver the goods.

For more information please visit Factoraje en Panamá and Cuentas por cobrar en Panamá