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.