Every company has faced the challenge at least once — invoices are issued, but the collection deadline is 30, 60 or even 90 days. In the meantime, obligations arrive: taxes, salaries, contributions, supplier expenses. A lack of cash often also means missed business opportunities.
This is exactly where factoring becomes the right solution.
What is factoring?
Factoring is a financial arrangement that enables you to immediately collect issued invoices — without waiting for customers, without loans, mortgages or additional borrowing.
In this way you secure liquid funds that you can use for:
- Business growth
- New projects
- Covering current costs
Advantages of factoring
- Fast payout — most often within 24 hours of submitting the documentation
- Simple process — without complicated procedures and guarantees
- Flexibility — you can factor even a single invoice
- No impact on the company’s creditworthiness
When to use factoring?
- When customers request longer payment terms (30–90 days or more)
- When you are late with paying VAT, contributions or salaries
- When you want to pay suppliers on time and maintain partner trust
- When you need working capital for a new deal or a larger procurement
Factoring is a fast, practical and reliable solution that allows you to use what you have already earned — when you need it most.
Why is factoring important for Montenegrin companies?
On the Montenegrin market, where a large number of companies face long collection terms, factoring becomes a key tool for preserving liquidity.
Especially in Podgorica and coastal cities, where business activities intensify during the tourist season, factoring enables companies to secure the necessary funds immediately, without waiting for customer payments.
How does factoring work in Montenegro?
Factoring in Montenegro is carried out in accordance with the Act on Financial Leasing, Factoring, Purchase of Receivables and Microcredit.
Companies in Podgorica, Niksic, Bar and other cities can use this service to improve their business — without the need for additional credit borrowing.
Factoring companies — such as those operating with the approval of the Central Bank of Montenegro — offer:
- A fast and secure procedure
- Payout on average 24 hours after submission of the documentation
Frequently asked questions about factoring in Montenegro
Can small companies also use factoring? Yes. Factoring is not reserved only for large systems — all companies, including small and medium-sized enterprises in Montenegro, can use this service.
How quickly is factoring approved? Most often within 24 hours of submitting the documentation — which is especially important for companies operating in dynamic sectors.
Does factoring affect the company’s creditworthiness? No. Factoring is not a loan and does not enter into the company’s indebtedness on balance sheets. The company retains a good credit history for future investments and projects.
Can I factor only one invoice? Yes — it is possible to factor even just one invoice, without the obligation to repeat it.
Contact us
If you operate in Montenegro and are looking for a fast and flexible solution for financing your business, factoring can be the right choice.
Factoring can solve your problem with the lack of cash.
Contact Finance Plus today:
- Email: office@financeplus.me
- Phone: +382 69 077 333
- Web: www.financeplus.me
