(ENG)
Waste disposal or recycling is a multi-billion dollar business worldwide. Whether it’s used plastic packaging, waste paper or organic waste, we all dispose of a large amount of waste every day. “According to the World Bank’s What a Waste 2.0, a person generates, on average, 1.11 kilograms of garbage per day. That means that a family of four could generate up to 1.6 tons in a year” (delaraizalplato.cl).
These figures not only affect the regular dynamics of the global ecosystem, but “a sustainable business opportunity that contributes to the world’s circular economy is being missed. Recycling is the exercise of converting reusable waste for subsequent marketing and manufacturing of new products” (La República). Thus, companies in the recycling industry reprocess and reuse various waste products, such as paper, plastic, textiles, steel, automobiles and electronic products. The main objective of this industry is to conserve resources, save energy, and contribute to environmental protection.
International Factoring for recycling companies
Mutuo Capital makes it easier for recycling companies to pay international invoices quickly and in advance, speeding up cash flow for generating new business and improving their cash flow. Therefore, International Factoring is a tool for operational financing of any recycling company that does not want to increase its indebtedness in the export operations of its products.
Contenedor Reciclaje
Our International Factoring customers
“Plastics recycling is a larger and more sophisticated market than you might think, and (…) it is projected as a real and tangible solution to the environmental challenge of plastic waste, as well as a great opportunity for employment and social development.”
As a company, Mutuo Capital is at the service of this great growing industry. Among our clients, we have important companies dedicated to the recycling of PET products (plastic bottles), which, in an innovative and visionary way, direct the recovery of reusable elements to export them with an added value to other countries.
With Mutuo Capital and our International Factoring service, recycling companies that export have the peace of mind that their invoices are discounted only in USD, avoiding the risk at the time of currency exchange; as well as financing their current operations and improving their financial liquidity. Our service is one of the simplest and most agile in the financial market.
International Factoring under development
Factoring is under constant development because it has great potential to increase the competitiveness and financial liquidity of any industry. Instead of the supplier waiting 120 days to receive payment (if the customer pays on time), by factoring its invoice with Mutuo Capital it receives a significant portion of its invoice, which it can dispose of and use to streamline and increase its business and investments. In this way, Factoring not only improves cash flow, but also helps suppliers avoid inconveniences generated by such payment delays.
Find out more about the exact process of International Factoring! Contact us.