Specialised Credit - Factoring

Millennium bcp offers a vast range of factoring solutions suited to the needs of each customer. In addition to advancing payment against the value of invoices assigned to it, allowing companies to convert their future payment sales to immediate cash sales, Millennium bcp reviews its customers' Debtor portfolios using advanced risk assessment methodologies. The management service, which involves assigning credits to Millennium bcp, reducing collection times, means that relations between the companies and their customers are not jeopardized and that their administrative costs are reduced.

The experience and professionalism of the company's staff have constituted critical success factors for Millennium bcp in this business area, being differentiation elements in its service provision. The personalisation of the relationship through the Account Manager - a point of contact readily available and committed to providing the best solutions for customers - is also a major part of the Millennium bcp value offer.