MagNet Faktor Zrt. is a member of the MagNet Bank Group and was founded to provide flexible working capital financing solutions to Hungarian small and medium-sized enterprises (SMEs). The company's core business is factoring, which involves purchasing its clients' short-term, high-volume receivables (invoices) to provide them with immediate liquidity. This service helps businesses improve their cash flow, reduce administrative burdens related to collections, and mitigate the risk of non-payment. Their mission is to offer fast, predictable, and customized financing to support the stable operation and growth of their clients.

Founded in

Hungary