Collector launches new digital business product – Reverse Factoring
The benefits of the product, in addition to the simplicity of applying for the service and using it digitally, is that suppliers can receive payment directly, which may permit cash rebates for e-retailers, for example, and other enterprises with large-scale purchasing. The product also gives businesses the opportunity to extend payment periods. Other advantages are that it ensures that supplier invoices are paid on time while businesses maintain control of their own credit periods.
“We are proud to present a new digital product for the business market where there is less pressure for exciting new digital solutions to ease businesses’ day-to-day operations.” Says Stefan Alexandersson, CEO Collector
For further information, please contact:
Stefan Alexandersson, CEO I Phone +46 70-607 38 87 I Mail firstname.lastname@example.org
Åsa Hillsten, CCO & IR I Phone +46 70-081 81 17 I Mail email@example.com
About Collector bank
Collector Bank is a niche bank that offers cost-effective and innovative financial solutions to private and corporate customers. Innovation is one of our major drivers. Read more about Collector