Distnet - Services financiers
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Q1 What is factoring?

Factoring is a financing technique that allows obtaining a faster cash flow. This tool is more flexible than traditional financing. Factoring is based on the quality of payables and in some cases, may have the effect of making more cash available.

Q2 Who uses factoring?

Every enterprise which has a need for cash flow, which has receivables and which a traditional lender is unable to support, is a potential customer.
As a general rule, enterprises which:

  • are start ups
  • are growing
  • have seasonal needs
  • are being restructured

can benefit from a better knowledge of factoring.

Q3 What are the advantages of relying on factoring?
  • You obtain cash assets more rapidly
  • You can benefit from quick payment discounts granted by your suppliers
  • Accounts receivable are managed by experts
  • Cash advances take into consideration the quality of your receivables and not the financial structure of your enterprise
Q4 Is factoring available in my field of activity?

We offer factoring in almost every field. All it takes are receivables.
Here are some examples:

  • Transportation and logistics
  • Food and food processing industries
  • Distribution
  • Job placement and staff training services
  • Manufacturing industry
  • Printing industry
  • Clothing and textiles
  • And many others
Q5 Why deal with DISTNET?

We offer rapid, professional and courteous service and in addition, decisions are made locally.

Q6 How long does it take to receive my first disbursement?

After having accepted the financing offer, the first disbursement is made within 2 or 3 weeks. Advances are then subsequently made within 24 to 48 hours of the submission of documents.

Q7 How much does factoring cost?

Factoring is a financing product which is adapted to each enterprise. Factors such as: annual volume dealt with, the amount of an average invoice and the average time your clients take to pay you, all influence rates. Please do not hesitate to contact us to know your factoring rate.