Factoring is an effective way to get money from your issued invoices – before your customer actually pays. Instead of waiting weeks or even months for payment, you simply sell the invoice to a factoring company – in this case, Bibby Financial Services. They’ll pay you up to 90% of the invoice value right away, and the rest after your customer pays (minus a small service fee).
👉 With Trovi, the whole process is simplified – you can do it online, with full clarity and no unnecessary paperwork.
🛠️ What types of factoring does Trovi offer?
When submitting your request, you can choose the factoring type that suits you best:
- Recourse factoring – You carry the risk of non-payment.
- Non-recourse factoring – The factoring company takes on the risk.
- Supplier assistance – Also known as reverse factoring, used to finance your payables.
- Get a discount – Use factoring to negotiate early-payment discounts from your suppliers.
- Other – If you have a specific need, you can describe it in the form.
📝 What do I need to submit a factoring request?
Trovi will guide you through an intuitive form where you’ll enter:
- Company details and contact person
- Monthly invoice volume
- Requested financing amount (optional)
- Usual invoice payment term (e.g. 30 days)
- Number of customers
- Type of customer relationships (e.g. long-term cooperation, one-off orders)
🧮 At the end of the form, Trovi will show you an estimated amount you can receive based on the data.
👤 Who is factoring for?
Factoring is ideal for companies that:
- Issue invoices with long due dates (e.g. 30+ days)
- Need to improve their cash flow quickly
- Want to protect themselves against late payments
- Want to reduce time and costs related to debt collection




📝 This article was translated with AI. If you notice any inconsistency, feel free to let us know.