Purchase of Receivables and Forfaiting

We will pay receivables to you or your suppliers before their due date

reduce the volume of receivables in your balance sheet

obtain funds immediately on delivery

be more competitive by offering credit to your customers

the costs of the purchase of receivables or forfaiting can be included in delivery costs

the main users of purchase of receivables and forfaiting are clients who supply goods and services with a long payment period.

it provides financing for trade receivables with a future due date,
it can be provided both with and without recourse to the original owner of the receivable,
the minimum payment period for purchased receivables is usually 60 days,
short-term, medium-term, and long-term receivables can be purchased,
the price for assignment is set on an individual basis depending mainly on the creditworthiness of the debtor, the payment period, and the type of the receivable,
assignment of receivables can be agreed at the pre-contract phase and thus the cost can be included in the price of delivery.

Purchase of Receivables is usually used

if the debtor for the receivable is a business or public sector entity and the receivable arises under:

it is similar to the process for purchase of receivables,
there is never recourse to the original owner of the receivable,
forfaiting prices are set on a case-by-case basis,
they depend mainly on the creditworthiness of the debtor, the payment period and the nature of the receivable.

at the risk of a banking entity, where the receivable arises under: