As a self-employed company manager, you know better than anyone else that your company needs working capital. Working capital is used to pay your suppliers on time, purchase stocks, pay salaries and so on, and is often replenished by client payments.
However, as a self-employed person you give your clients the option of only paying invoices 30 days after purchase (or even later), which means that your working capital can decline. And waiting for working capital can cause difficulties.
You can avoid this with 'factoring'. With factoring, KBC takes care of your outstanding invoices for you. You provide us with the details of your open invoices via a simple web application. If required, KBC will then immediately provide you with an advance payment of up to 85% of the amount on the outstanding invoice.