get liquidity It is one of the great concerns of SMEs and the self-employed, immediate liquidity with the promissory note discount may be your solution.
Here we explain what this instrument is about to obtain liquidity quickly and safely.
A promissory note is a document that represents the obligation of a person or company that will pay a second, a sum of money in a certain period of time.
The promissory notes are a usual payment method in companies. When the beneficiary cannot wait for the maturity that appears in the promissory note, because he needs the money immediately due to different circumstances, it will be then when he resorts to the promissory note discount.
Advantages of obtaining liquidity in promissory note discounts
The promissory note discount is a financial method that allows the beneficiary of the same, to obtain liquidity through the promissory notes of a third party (your client).
This method has a series of advantages and its own characteristics that have helped it to become one of the preferred ones for freelancers and SMEs for get liquidity.
How does this liquidity work for promissory note discounts?
The company that receives a I will pay forwards it to a company like Workcapital SA, specialized in promissory note discount, which performs a study of the operation for later pay the amount of the promissory note to the company in advance with deduction of interest.
- The taker of the promissory note advances its collection, thus obtaining liquidity in a short period of time.
- Quick and easy method.
- It allows you to advance your company's payments if necessary.
- Avoid defaults: it will be the financial entity that assumes a hypothetical incidence of collection.
- Shipping Costs CIRBE (Risk Information Center of the Bank of Spain): does not increase the bank risk or the debt included in the balance sheet of the business.
- Individualization of operations: a promissory note discount is associated with each operation individually, therefore the company only has to use this resource when it needs it and is not conditioned by other processes or operations.
When discounting a bank promissory note, it is studied whether the company issuing that promissory note is solvent.
En WorkCapital We help you to be well informed now get to know your customers to be able to discount promissory notes and avoid problems later.
Contact us now. Without any commitment, we can make an immediate study of your promissory notes to discount.
