Factoring – what is it and what are its types?

Recent years have shown that the market for financial services is constantly growing, with factoring becoming one of the most popular services increasingly used by businesses. What is factoring and what are its types? Which one to choose and how to go about it? All these questions are answered below.
Read our guide to find out:

Factoring scheme

Types of factoring in Poland


The answer to this question is very simple – virtually all of them. Banks’ factoring offerings are usually aimed at large companies. Non-bank institutions, on the other hand, mainly target micro, small and medium-sized enterprises. To be eligible for factoring, a company must settle with its counterparties on a non-cash basis and issue invoices with deferred payment. This is basically the only necessary condition to be met.










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