Factoring


Modern management of receivables. Do you deliver goods or provide services with a deferred maturity? Are you in a need of funding but not willing to take a loan?

  • purchasing of receivables with a deferred maturity from 14 to 180 days
  • factoring towards domestic and foreign customers

Factoring


Modern management of receivables. Do you deliver goods or provide services with a deferred maturity? Are you in a need of funding but not willing to take a loan?

  • purchasing of receivables with a deferred maturity from 14 to 180 days
  • factoring towards domestic and foreign customers

Factoring benefits

  • refinancing of claims (invoices) against approved customers,
  • obtaining funds prior to the due date of the invoices,
  • assumption of the risk of insolvency or payment unwillingness of the customers by the bank,
  • securing claim management, their collection and recovery by the bank,
  • using e-factoring, you gain online access to information on the approved limits, assigned claims and their payment and financing costs.

Factoring types

Non-recourse (without recourse):

If the customer does not pay the claim, the bank assumes the risk of insolvency or unwillingness to pay of the customer in the scope agreed in advance.

Recourse (with a recourse):

In case of a non-payment of the receivable by the customer, the provider shall be liable for its payment.