Assignment of credit is one of the leading strategies implemented to improve a company's credit rating and obtain new lines of credit, allowing it to obtain liquidity in a quick and easy manner.
The move away from traditional channels to web platforms has accelerated and facilitated these processes, allowing small and medium-sized enterprises to obtain liquidity with much greater flexibility than before, with the assignment of invoices issued to companies of high standing. This is possible by way of an established competitive sales mechanism that involves institutional and professional investors.
As innovation and regulatory changes open up opportunities to overcome the gap created by the financial crisis and the consequent credit crunch, Compendium consultants can help companies to optimise the fixed and definite costs associated with access to liquidity, stepping away from negotiations with a single specific counterparty.
Assignment of credit can also be obtained via alternative avenues, or by way of contracts that allow companies to transfer the receivables derived from commercial activities to another company or investor for a specific fee.
With this solution, the advantages are twofold: companies can enjoy immediate liquidity from the factored receivables and take advantage of the creditworthiness of the assigned customer.