Maturity Factoring
In this form of Factoring the supplier receives the payment of the receivables on the due date or on a certain and fixed date, usually pre-agreed on the basis of the average payment period taken by the debtor.
Maturity Factoring can be either with recourse or without recourse and allows the supplier to predict and optimize cash flows, to outsource the receivable management to a specialist and to extend payment terms (with a resulting positive effect on sales) with no supplementary costs.
This form of Commercial Finance is often used in Italy.