{"id":135,"date":"2022-11-29T16:26:20","date_gmt":"2022-11-29T14:26:20","guid":{"rendered":"https:\/\/knowledgebase.ifactor.ai\/docs\/de-ce-sa-apelezi-la-factoring\/"},"modified":"2023-03-15T13:26:20","modified_gmt":"2023-03-15T11:26:20","slug":"why-using-factoring","status":"publish","type":"docs","link":"https:\/\/knowledgebase.ifactor.ai\/en\/docs\/why-using-factoring\/","title":{"rendered":"WHY USING FACTORING?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The current economic context is characterized by pronounced macroeconomic instability, felt by most SMEs in the increasing interest rates. Thus, traditional loans &#8211; whether we are talking about short-term loans or credit lines &#8211; become increasingly expensive, increasing interest expenses and making financial planning for beneficiaries more difficult due to the unpredictability of their evolution.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, credit institutions are also changing their risk management policies in response to market volatility and the increase in non-performing loans. For SMEs, this translates into a more frequent request for guarantees when accessing credit, which makes access to financing more difficult.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In these conditions, factoring is a more accessible and less costly alternative compared to traditional loans because you can enjoy obtaining financing in a short time, through a much more streamlined and simple application process, without bureaucracy, and you can be offered by several Banks, NBFIs or Private Investors.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The current economic context is characterized by pronounced macroeconomic instability, felt by most SMEs in the increasing interest rates. Thus, traditional loans &#8211; whether we are talking about short-term loans or credit lines &#8211; become increasingly expensive, increasing interest expenses and making financial planning for beneficiaries more difficult due to the unpredictability of their evolution.&hellip; <a class=\"more-link\" href=\"https:\/\/knowledgebase.ifactor.ai\/en\/docs\/why-using-factoring\/\">Continue reading <span class=\"screen-reader-text\">WHY USING FACTORING?<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"doc_category":[14],"doc_tag":[],"class_list":["post-135","docs","type-docs","status-publish","hentry","doc_category-about-factoring","entry"],"_links":{"self":[{"href":"https:\/\/knowledgebase.ifactor.ai\/en\/wp-json\/wp\/v2\/docs\/135","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/knowledgebase.ifactor.ai\/en\/wp-json\/wp\/v2\/docs"}],"about":[{"href":"https:\/\/knowledgebase.ifactor.ai\/en\/wp-json\/wp\/v2\/types\/docs"}],"author":[{"embeddable":true,"href":"https:\/\/knowledgebase.ifactor.ai\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/knowledgebase.ifactor.ai\/en\/wp-json\/wp\/v2\/comments?post=135"}],"version-history":[{"count":2,"href":"https:\/\/knowledgebase.ifactor.ai\/en\/wp-json\/wp\/v2\/docs\/135\/revisions"}],"predecessor-version":[{"id":151,"href":"https:\/\/knowledgebase.ifactor.ai\/en\/wp-json\/wp\/v2\/docs\/135\/revisions\/151"}],"wp:attachment":[{"href":"https:\/\/knowledgebase.ifactor.ai\/en\/wp-json\/wp\/v2\/media?parent=135"}],"wp:term":[{"taxonomy":"doc_category","embeddable":true,"href":"https:\/\/knowledgebase.ifactor.ai\/en\/wp-json\/wp\/v2\/doc_category?post=135"},{"taxonomy":"doc_tag","embeddable":true,"href":"https:\/\/knowledgebase.ifactor.ai\/en\/wp-json\/wp\/v2\/doc_tag?post=135"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}