créditos sobre un factor de ingreso de nómina

English translation: credits based on worker/employee income

21:04 Sep 3, 2020

Spanish to English translations [PRO]
Bus/Financial - Finance (general) / Credit/Loaning

Spanish term or phrase: créditos sobre un factor de ingreso de nómina

This is from a company presentation of a small private lending company that grants loans to SMEs and individuals.

The full phrase is:

Crédito sobre nomina:
Le otorgamos a tu empresa créditos sobre un factor de ingreso de nómina, lo que ayudará a tener mayor liquidez, aumentado así la productividad de tu empresa u organización corporativa.

I understand the general meaning that they will loan the company to cover their payroll... but I am unsure about the 'sobre un factor de ingreso de nómina", and if I am missing something specific here.

HannahBreckner KudoZ activity Questions: 43 (1 open) (4 without valid answers) (1 closed without grading) Answers: 12 United Kingdom
Local time: 16:43

English translation:credits based on worker/employee income

Explanation:
I understand "nómina" as "payroll" so hope that helps

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Note added at 6 hrs (2020-09-04 03:08:41 GMT)
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El Especialista en la nómina o payroll specialist es el encargado de supervisar los cambios legales que afectan al cálculo de la nómina y sus ...

Gestión Integral de los Servicios de Nómina / Payroll services

Selected response from:

David Hollywood
Local time: 12:43

Grading comment

4 KudoZ points were awarded for this answer

Summary of answers provided

we provide your company with credits on the basis of the revenue in its income statement

Francois Boye

3 +1

credits based on worker/employee income

David Hollywood

advances made on a payroll input factor

Adrian MM.

Discussion entries: 6

Answers

4 hrs confidence:

we provide your company with credits on the basis of the revenue in its income statement

Explanation:
https://www.investopedia.com/terms/i/incomestatement.asp

nómina = pay slip = revenue statement for a company

Francois Boye
United States
Local time: 11:43
Specializes in field
Native speaker of:

French
PRO pts in category: 335

6 hrs confidence:

peer agreement (net): +1

credits based on worker/employee income

David Hollywood
Local time: 12:43
Works in field
Native speaker of: English
PRO pts in category: 842

1 day 11 hrs confidence:

advances made on a payroll input factor

Explanation:
- also based on the discussion entires.

It may be confusing to use 'credits' here cf. micro-credits as micro-loans granted to Third World.

I also think the 'ingreso' is what goes into the wage bill, rather than what comes out of it to be paid to employees.

Example sentence(s):

The purpose of this payroll input sheet is to help you with financial recording of your employees’ pay. It allows you to add up to 14 employees, adding their hours and rates together to calculate the gross salary they would be due to receive

Reference: http://help.simplyaccounting.com/cdn-eng/SA2012/Simply/US_Sp...
Reference: http://www.mppayroll.co.uk/index.php/2019/12/16/payroll-inpu...

Adrian MM.
Austria
Specializes in field
Native speaker of:

English
PRO pts in category: 143

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créditos sobre un factor de ingreso de nómina

English translation: credits based on worker/employee income

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créditos sobre un factor de ingreso de nómina

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