Factoring, officially known as ​​​​​​​Account Receivables Purchase Service, is a short-term loan that allows you to easily convert your bills or commercial documents into cash for working capital. These documents include purchase orders, overdue invoices, billing notes, or Work acceptance certificate. Once you've delivered the work or completed the task, you can submit your bills to Lease IT and receive cash within 24 hours, getting up to 90% of the document's value. Lease IT will then collect the money from your trading partner when their credit term is due, and you will receive the remaining balance (the reserve).

          Factoring is therefore an excellent and quick solution to solve your liquidity problems and maintain healthy cash flow. You won't need to borrow from a bank and there's no No Emphasis on Collateral.

        It shortens the time to collect money from your clients, allowing you to take on new projects without waiting for lengthy customer credit terms.

• Fast Credit Line Approval: Get approval within 7 days after submitting your documents.
• Quick Cash Access: Draw up to 90% of your document's value, converting your Work acceptance certificate into cash within 24 hours.
• No Collateral Required: You don't need collateral to open a credit line.
• Flexible Billing: You can draw cash from Lease IT for individual bills or combine multiple bills.
• Increased Credit Line: Your factoring credit line can increase as your bill value grows.
• Low Interest Rates: Enjoy a maximum interest rate of no more than 1.25% per month.
• Solve Cash Flow Issues: Address the problem of capital tied up in trade receivables, providing working capital for your business without incurring additional debt.
• Focus on Your Business: Concentrate on your core operations without the hassle of billing and collection processes, as Lease IT will handle them for you.
• Better Understanding of Partners: Gain deeper insights into your partners because we'll also conduct credit checks on your customers.
• Negotiate Discounts: With cash in hand, you can negotiate discounts with your suppliers for cash payments on goods and raw materials.
• Access Other Lease IT Services: Once you've opened a factoring credit line, you can extend your access to other Lease IT loans, such as Project Backup Finance, Bid Bond guarantees, Leasing, or Hire Purchase.

• Expert Financial Advice: Receive guidance from our financial experts.