Administer payments to your suppliers simply and swiftly.
It simplifies the supplier payment system
It reduces your administrative tasks
More success in your commercial relations
One of the strengths in the relationship with your suppliers is their trust in your payments. Therefore, if you can ensure them that they are not going to have any problems with the payment of their invoices, they are going to appreciate you much more and may even offer you better conditions.
This is what we offer you with reverse factoring. It is a tool that frees you from all the administrative tasks related to payments to your suppliers, offering them the possibility of advancing these payments.
Reverse factoring is the ideal solution for you and your suppliers, and it is very easy to use:
At Cajamar, we offer you the reverse factoring model with an Advance option.. In addition to administering the payment, suppliers are offered the option of advancing the amount of the confirmed invoices in exchange for the payment of a specified interest and commissions.
There are two types of "with advance" model, depending on who incurs the corresponding costs:
The financing costs for advance payment of the invoices are incurred by the supplier, who receives the nominal value less interest and commissions.
The financing costs for advancing the invoices are incurred by the company (transferor), whereby it is necessary to have the money available in the account associated to the operation to debit the financing costs and issue the corresponding transfer.
The advance model is "without claim": when the Entity advances the payment to the supplier, it acquires "without claim" the rights to collection charged to the transferor (debtor).
"Without claim" indicates that if the Company does not pay the invoices to the Entity by the due date, it will not be possible to request the refund of the advance payment from the suppliers.
In the event of default, the Entity will only be able to claim the payment from the Company which ordered the Reverse Factoring and, where appropriate, the guarantees of the operation.