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International Factoring for the car body industry

Car body industry is engaged in the manufacture and design of metallic structure that covers the engine and other elements that are part of private and commercial automobiles, buses and cargo transportation, with the purpose of providing protection, support and aesthetic appearance. The design and production of the car body must meet the specific needs of the products marketed by each company. Quality in car body manufacturing is essential to ensure passenger safety and vehicle durability.

In this industry, companies specialize in the manufacture of car body components and structures using different materials, such as steel, aluminum, fiberglass-reinforced plastic, carbon fiber, among others. They also develop assembly and finishing techniques to build safe and durable car bodies.

International Factoring for the car body industry

International Factoring is a financing mechanism, especially useful for the car body industry. International Factoring allows companies to pay their accounts receivable, which is beneficial for those companies that receive credit payments from their customers. In addition, factoring offers services such as creditworthiness information on its customers, which can be useful in assessing their credit quality and better managing their financial risks.

The use of International Factoring improves the financing capacity of a car body company by transforming its credit sales into cash transactions, improving its liquidity. This can be especially relevant for companies that face fluctuations in demand for their products or that need fast financing to keep orders and deliveries current, improving their earning capacity by receiving their advance payments.

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Our International Factoring customers

The car body industry is of great importance to the economy of many countries, as its production and sales generate jobs and promote economic growth. One of the specialties of this industry is the car body for buses for all types of uses. Its manufacture and distribution are necessary to satisfy the transportation requirements of communities.

In Colombia there are companies dedicated to the import of chassis and the export of car bodies for buses and shuttle buses. This is the case of Busscar, a well-known Colombian company that manufactures car bodies and buses for passenger transportation, which has become one of the main companies in the sector in the country.

Throughout its history, Busscar has developed a wide range of products, including urban, intercity and long-distance buses, as well as car bodies for tourist buses and special vehicles. Its products are characterized by their modern design, comfort, safety and state-of-the-art technology.

The company has positioned itself both in the domestic and international markets, exporting its products to several Latin American countries, such as Mexico, Venezuela, Bolivia and Ecuador, always maintaining high quality standards in its products, adapting to the needs and demands of the market. Thus, it has received recognition for its excellence in design.

With Mutuo Capital, companies like Busscar have permanent liquidity for their industrial processes, such as sheet metal stamping, welding, painting and final assembly.

Find out more about the exact process of International Factoring! Contact us.

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