Delayed payment is a common business practice for companies which offer products and services. In many cases, it is a method to attract new clients or to boost turnover, but the increase of receivables leads to higher risk and decreased liquidity of the company.
Factoring allows for quick access to financial assets based on delivered goods or services and at the same time presents an opportunity to handle the delayed payment and to improve the cooperation with the clients.
What is USAID Factoring Project
The Factoring Project is a three-year activity initiated in October 2017, with the overarching goal to improve the competitiveness of Macedonian SMEs by expanding market opportunities through access to alternative financial services. The project supports SMEs by informing them about access to alternative financial options. Factoring supports the growth of companies by providing quick access to finance and accelerating the flow of cash needed by companies so they can grow more efficiently.
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Врз основа на Врз основа на член 6 од Уредбата со законска сила за примена на законот за финансиските друштва за време на вонредна состојба (Службен весник на Република Северна Македонија бр.90 од 04.04.2020 година), а со цел надминување на...
