Recourse Factoring

Recourse Factoring - a way to ensure your company's liquidity

During an economic downturn, it is especially important for a company to maintain enough cash. With Recourse Factoring your company will get a credit limit with sales receivables serving as collateral, providing security when the outlook deteriorates.

Nordea Finance is responsible for the collection of the receivables under Recourse Factoring. This affects positively the payment behaviour of buyers, which in turn decreases credit risk.

How does your company benefit from Recourse Factoring? 

• Capital tied to sales receivables is turned into money
• Buyers are more punctual with their payments when a financer handles collection
• The financing amount changes with the needs of your company
• With good liquidity you get cash discounts and are able to offer better payment terms for your customers
• When you outsource ledger management and collection, fixed costs become variable costs