Factoring will record a record year in 2023. Jorge Bustamante, director of Financial Instruments at Produce, reported that companies that use this financial tool will record more than S/35,000 million in negotiated amounts at the end of the current fiscal year. At the III National Factoring Congress, organized by the Peruvian Factoring Association (Apefac), Bustamante […]
Tag: factoring
Demand for factoring services would grow up to 30% during the Christmas season
Between January and August of this year, A total of 909,777 negotiable invoices were accumulated, which represents an increase of 28.2% compared to the same period in 2022. Thus, 17,683 companies negotiated factoring operations in the country and, of them, 79.4% were small and medium. This segment contributed S/23,589 million to the total value of […]
Companies with good practices in the use of negotiable invoices will be awarded by Produce
The Ministry of Production (Produce) launched the contest Good Practices in Negotiable Invoices, with which it seeks to encourage private companies and public entities to implement good practices in the management of negotiable invoices from their suppliers of goods and/or services, mainly mypes. The objective is promote the use of this financial instrument as a […]
Factoring operations would exceed S/32,000 million in 2023
It is expected that more than 18,500 companies will benefit from this financing, of which 84% would be mypes. During 2022, more than one million 147,000 were traded bills for a total amount of S/30,458 million, thus allowing financing to 17,843 companies nationwide, of which 15,019 were micro and small companies (mypes), reported the Ministry […]
Factoring operations will exceed S/ 25 million this year
During January of this year, a total of 77,181 invoices were negotiated for more than S/ 1,891 million, which gave rise to the financing of 5,058 companies, reported the head of the Ministry of Production (Produce), George Louis Prado. The official noted that 84% of these companies (4,248) were mypes, which is reflected in an […]
How to get bank financing through electronic invoicing?
Micro, small and medium-sized enterprises (MSMEs) use the electronic billing to generate liquidity through factoring. However, according to Efact, there is another more useful alternative as financing: bank loans. Efact CEO Kenneth Bengtsson explained that the electronic billing It is a tool that banks can take as a reference to evaluate the payment capacity of […]
Factoring operations will exceed S / 22,000 million at the end of 2021
The Ministry of Production (Produce) reported that, at the end of 2021, the amount negotiated in factoring operations will amount to S / 22,000 million, a figure that would imply an increase of 68% higher than that registered during 2020, in favor of 11,519 micro and small companies (mype). The Minister of Production, Jorge Luis […]
Factoring: invoices of some 6,000 companies could lose all validity from January
Factoring underway. The National Superintendency of Customs and Tax Administration (Sunat) reported that 98.8% of companies have already incorporated the additional requirements in their electronic payment vouchers, although there is still a small group of around 6,000 companies that, if not , “Would compromise the validity of the electronic invoices they issue.” In this way, […]
Produces: Factoring operations in companies exceeded S / 17 billion
The Ministry of Production (Produce) reported that from January to October 2021, 730,898 invoices were negotiated for a value of S / 17,588 million, which benefited 12,975 companies throughout the country. Likewise, it indicated that of the beneficiaries, 10,881 are mype, which represents the 83.9% of all companies. On the other hand, the average amount […]
Global factoring will allocate more than 30 million soles to SMEs at the end of the year parties
The financing through factoring is a competitive alternative to other financial alternatives, as detailed by Juan Carlos Zurek, director of Global Factoring. Therefore, for the next Christmas campaign and end of the year parties, they will carry out a placement that would exceed the 30 million soles. “In the current scenario, the best alternative for […]