(ENG)
The sports industry is an economic sector that encompasses all activities related to sports, both in terms of products and services. This industry covers a wide range of areas such as the manufacture and commercialization of sporting goods, the organization of sporting events, the management of sporting facilities, sports marketing and sponsorship, among others.
Among the various actors that are part of this industry is the commercialization of sporting goods, which consists of the sale of sports-related items such as clothing, shoes, and accessories. This type of business is very profitable due to the growing interest of people to lead a healthy life and practice sports.
International Factoring for the Sports Industry
The use of factoring in the sports industry varies according to the specific needs and characteristics of each company or organization. The main objective is to improve cash flow and obtain immediate liquidity. This is particularly useful in an industry where payments are seasonal or subject to long payment terms (various payment terms) and high value transactions.
This immediate injection of liquidity improves cash flow and provides the necessary liquidity to cover operating expenses such as inventory purchases, vendor payments or even financing new investments.
Our International Factoring Clients
For our clients, the healthy growth of their business and their relationship with their suppliers requires a smart strategy. The solution: preserve the liquidity of their accounts receivable to increase their business flexibility. This is the thinking of the Marathon Group (Superdeporte S.A.), an Ecuadorian company founded in 1999 in the city of Quito, dedicated to the import and marketing of sporting goods such as shoes, T-shirts and accessories, mainly in the retail mode.
The company has 141 stores in Ecuador and has positioned itself as a leader in the marketing of sports apparel, offering a variety of products from world-renowned brands such as Nike, Puma, Umbro, Adidas, Reebok and their exclusive brands. The company sells its products through more than 100 sports stores under different commercial formats, the main one being “Marathon”, an official brand of the Ecuadorian Soccer Team and the Ecuadorian Olympic Committee.
Mutuo Capital has adapted to the needs of Marathon Sports by providing immediate and continuous liquidity to its suppliers, regardless of payment terms. As a result, its equity ratio and return on equity have increased, resulting in optimized working capital and improved solvency.
With Mutuo Capital, the sports industry has a financial tool for its business.
Find out more about the exact process of International Factoring! Contact us.