GE Capital’s New Factoring Company

GE Capital, one of Europe’s leading providers of mid-market and SME finance, has launched a factoring platform in Poland. Factoring, a form of accounts receivable (A/R) finance, allows businesses to access finance secured against the value of unpaid invoices. This provides a short-term working capital. By selling invoices at a discount, businesses can gain instant access to cash, while the factoring company takes on the responsibility and risk for securing payment from the customer.

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