ETRIS BANK / Services / Factoring / Flex-factoring
Flex-factoring: Flexibly determine the available liquidity yourself
The liquidity needs of companies are not the same at all times. As a corporate bank with full bank status, ETRIS BANK is now able to offer you a new factoring instrument that adds full flexibility to the advantages of factoring: flex-factoring.
Whether you need to react to bottlenecks at short-term or want to finance a long-planned project - with flex-factoring you are prepared for everything and can react flexibly. In contrast to conventional factoring, where the amount of the claim is paid out to the factoring customer within 24 hours, with flex factoring the amount of the claim is credited to a customer account of the factoring customer at ETRIS BANK. The customer decides at what time and in what amount he wishes to access the liquidity from the ongoing sale of outstanding receivables. That is the reason why flex-factoring is a highly attractive and tailored financing model for many companies. Through the online factoring portal of ETRIS BANK, customers have easy and transparent access to their credit balance and all the data of modern receivables management. The advantages of factoring remain unrestricted even with flex-factoring: