What is factoring?

Factoring is a form of working capital financing, enabling you to be paid for your invoices immediately. The Togather solution is flexible, providing you with liquidity as your revenues grow (subject to credit assessment). This is in contrast to a (bank)loan or credit facility that do not typically offer the option of funding peak volumes.  Your credit risk is mitigated, and that your debtor management is supported by an effective platform and your personal contact with your customers. There are different types of invoice financing, which we will explain in more depth below, and in particular that Togather is a very competitive solution to provide you with working capital;

What is Factoring 2.0?

We use a new method of factoring, which we call Factoring 2.0! Unlike traditional factoring, with this new form you stay in control of the relationship with your customers. This means that you can finally say goodbye to the commercial pressure that goes hand in hand with chasing overdue payments. From now on, it’s possible to maintain and improve the relationship with your client. Every entrepreneur likes to stay in control of their liquidity to avoid financial risks. We will take out insurance on your clients and purchase your receivables today and you enjoy the cash flow certainty this brings. With Togather factoring 2.0 it also becomes possible to do business internationally. We are the only factoring company that also buys outstanding invoices of international clients, which will help you to safely do business abroad too.    

We are entrepreneurs ourselves and understand this like no other. From entrepreneurs to entrepreneurs!

  • Togather provides extra working capital super fast
  • Togather offers protection on credit risks and liquidity
  • Non-disclosed
  • Access to our free credit management platform
  • Safely doing business internationally

Togather Versus Existing Factoring Solutions

togather ;

Traditional

American Style

Customer Experience

Your client pays you

Your client must make payments through factor

Your client must make payments through factor

Credit Risk

Togather takes over the risk of client non payment

At your own risk or insured (via factor), coverage 80-90%

Factor (partly)
takes over the risk of bankruptcy

Credit Management

Free credit management workflow platform.
You maintain the customer relationships

Do it yourself or outsource it in the name of factor

In the name of factor

International Transfers

* soms mogelijk voor een beperkt
aantal landen

Togather versus bestaande factoring oplossingen

togather ;

Customer experience

Non disclosed verkoop
geen mededeling aan debiteur

Kredietrisico

Faillissement risico volledig bij Togather

Credit management

Gratis credit management workflow platform. Jij houdt persoonlijk contact met klant

Internationale transacties

* soms mogelijk voor een beperkt aantal landen

Traditioneel

Customer experience

Jouw klant betaalt
op rekening factor

Kredietrisico

Risico bij jou of verzekerd (via factor) dekking 80-90%

Credit management

Zelf doen of uitbesteedt uit naam van factor

Internationale transacties

American Style

Customer experience

Jouw klant betaalt
op rekening factor

Kredietrisico

Faillissement risico (deels) bij factor

Credit management

Uit naam van factor

Internationale transacties

“I’m relieved that I can finally make it through those peak periods.“

Dimitri Romijn
CFO – SWETS GROUP BV

Immediate
working capital
available to help
grow your
company