There is a huge potential for development in domestic factoring
In the last 1.5-2 years, payment deadlines have been noticeably extended. For a wide range of small and medium-sized enterprises, this can seriously hinder the maintenance of liquidity. Among other things, to avoid this, the BÁV Factor has launched a new development. The entire factoring process can now be done online thanks to the newly introduced fintech solution flexibill, moreover, the customer receives the agreed consideration of his invoice much earlier than the traditional solution.
Related news
László Krisán: Stabilisation is the first step, but new answers are needed to be competitive
László Krisán, the CEO of KAVOSZ Zrt. has assessed the…
Read more >Factoring providers achieved a 22 percent increase in turnover last year
Factoring service providers achieved a 22 percent increase in turnover…
Read more >Hungarian Factoring Association: the factoring market achieved good results despite the crisis
Despite the virus and the ensuing economic downturn, the first…
Read more >Related news
Carrefour launches its first AI-based solution in Spain
French retail chain Carrefour has chosen Spain to implement its…
Read more >Gösser Spritz display from Hungary wins two POP world titles
This year a Hungarian Gösser Spritz display – the winner…
Read more >Valeo Foods Group buys Italian panettone maker Melegatti 1894
The acquisition is the second Valeo Foods Group has announced…
Read more >