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Factoring of Debts Receivable
Outline
  • With this system, NTT FINANCE takes on any account credits your company maintains to pay the debts receivable before term.
  • This allows for an earlier repayment of debts receivable and can serve to streamline your corporate balance sheet.

Scheme
Scheme

Advantages of Account Credit Factoring
  • This makes the credit management more efficient for your debtors.
  • This also enables faster repayment of your credit accounts (improving cash flow).
  • It improves your financial indicators (having an off-balance effect).

NB
  • When entering into a factoring arrangement, a notification to your debtors and a credit transfer approval from them will need to be obtained.
  • There are some conditions for their use in off-balance conversions.


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