Factoring

Factoring is a complex of financial services, which provides:

• Additional financing of business without a mortgage
• Administrative management of account receivable (AMAR)
• Improvement of pay discipline of the enterprises’ debtors
• Insurance of the non-payment’s risk of deliveries or services

Conditions

• Term of indulgence according to the contract — from 7 to 90 days
• Currency of financing — UAH
• Types of factoring — with regress, without regress, with partial regress
• Size of advance payment — to 85 % — 95% of the delivery amount
• Debt security — not required

Advantages

• Possibility of extension of more protracted commodity loan for the buyers
• Expansion of particle at the market, increase of competitiveness
• Bridging «cash gaps», improvements of liquidity of balance
• Decision of organizational questions, economy on the staff and charges