FactorPlus Ecuador

Founded to support the growth of small and medium-sized enterprises (SMEs) in Ecuador, FactorPlus S.A. operates as an auxiliary financial services company. Its core business is factoring, a financial tool where FactorPlus purchases a company's invoices (accounts receivable) at a discount. This provides the client company with immediate cash flow, while FactorPlus assumes the responsibility of collecting the payment from the original debtor. Their mission is to be a strategic partner for businesses, offering agile and efficient financing solutions to optimize working capital and fuel operational growth. The company is regulated by the Superintendencia de Compañías, Valores y Seguros of Ecuador.