• Foment Bank

    Own resources without financial intermediation or fees

    GSP Banco

Factoring is a business partnership and service delivery, and one of its main goals is the success of your business. The Factoring strives to stabilize cash flow, turning the installment plan sales into cash sales, allowing your company to buy in cash, getting a greater deal from your  suppliers.

The Factoring activity is different from banking, as banks raise funds in the market (through their clients and other banks), and lend the money to others; on the other side, Factoring has its own funds, eliminating the financial intermediation. One of the main advantages of Factoring over banks, in addition of almost no bureaucracy, is that we do not require credit maintenance fees, credit cards, insurance, and other required reciprocity.

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