Loan products
Factoring
Factoring
Domestic factoring with recourse
Specifications
What we offer?
• Cash flow management
• Risk assessment
• Collection of receivables
• Financing based on the relationship with your buyers, so the financing support grows alongside the growth of your business
• Possibility to re-access funding
Benefits
• Insured cash flows directly tied to the business scope
• Well-trained and highly professional team on your disposal to support your internal processes of setting limits on a per buyer basis,
• Guaranteed consistent monitoring of the communication with your buyers,
• Effective receivables collection pursuant to your time frames.
Purpose
Financing of recurring receivables
Currency
In MKD
Tenure and repayment
The repayment is from the inflows on the factoring account, as per the factoring agreement
Security
Bills of exchange guaranteed by the connected companies and the owners
Price Terms
Dependent upon the agreement between the Bank and the respective company and depending on the company’s creditworthiness, its credit history, the type and the other terms of the placement, as well as the type and the scope of the overall cooperation.
