Find answers to the most common questions about our services and how they can benefit your business.
Factoring
Factoring is a financial transaction where a business sells its accounts receivable (invoices) to a third party (the factor, A.B.S.) at a discount. Instead of waiting 30, 60, or 90 days for your customers to pay, you receive immediate cash — typically up to 90% of the invoice value within 24 hours. A.B.S. then handles the collection process and pays you the remaining balance, minus a small fee, once the customer pays.
We offer full-service factoring covering financing, credit protection, and receivables management. Additionally, we provide specialized solutions including export factoring for cross-border transactions, growth factoring for expanding businesses, and factoring for startups and companies in restructuring situations.
Once the factoring agreement is in place, you can receive funds within 24 hours of submitting your invoices. The initial setup process typically takes 1-2 weeks, depending on the complexity of your business and the required due diligence.
Absolutely. In fact, factoring is particularly well-suited for small and medium-sized enterprises (SMEs). It provides immediate working capital without requiring the collateral that traditional bank loans demand. We have specific factoring solutions designed for small businesses and startups. Check our services page for more details.
Buy Now, Pay Later (quickpaid)
quickpaid is our Buy Now, Pay Later solution that allows you to finance your inventory purchases directly upon invoice receipt. It is a flexible, paperless financing option that operates independently from your house bank, giving you more control over your purchasing power and working capital.
While traditional factoring focuses on financing your outgoing invoices (accounts receivable), quickpaid finances your incoming invoices (accounts payable). It is designed specifically for purchase financing, enabling you to pay your suppliers immediately while deferring the payment to a later date that aligns with your cash flow.
Debt Collection
We take a professional yet empathetic approach to debt collection. Our goal is to recover outstanding receivables while preserving the business relationship between you and your customers. We operate worldwide and use a structured, legally compliant process that is both effective and respectful.
Yes, we have cross-border collection capabilities and can enforce receivables worldwide. Our presence in 7 European countries gives us local expertise in multiple jurisdictions, and we work with trusted partners for collections in other regions.
General
As an independent financial services provider, we are not bound by the strict lending criteria and regulatory constraints that traditional banks face. This allows us to be more flexible in our approach, make faster decisions, and create customized financing solutions that truly fit each business. We understand the challenges of SMEs from our own experience.
A.B.S. Group operates in 7 European countries: Germany (headquarters in Wiesbaden), Austria, Switzerland, Slovenia, Poland, Sweden, and the Netherlands. We serve clients across the continent with local expertise and pan-European capabilities.
Getting started is easy. Simply contact us through our website, by phone at +49 (611) 977 10 0, or by email at info@abs-ag-fn.it.com. Our team will schedule a no-obligation consultation to understand your business needs and recommend the best financing solution for you.
Through our #HauptsacheFlüssig campaign, we are partnering with CleanHub to combat ocean plastic pollution. For every video submitted through our campaign, we donate 25 Euros to CleanHub. It is part of our broader commitment to sustainable business practices and corporate responsibility.
Still Have Questions?
Our team is ready to provide personalized answers and help you find the right financing solution.