Loans

BUSINESS Loans Factoring

Factoring

Factoring is a relatively new financial product in the domestic market, enabling your company to assign its demands, along with the accompanying operating costs (revenue) to our Bank, which will manage these.

In addition the Bank finances these demands, evaluates the creditworthiness of your debtors on an ongoing basis and insures your credit risk in case of default in their payment.

In particular Factoring may include part or all of the above services and can be adapted to your business needs.

It is divided into:

As a modern and flexible financial tool, Factoring combines the following advantages:

  • Ensures and enhances liquidity on an ongoing basis, depending on your sales.
  • Effective management and collection of your demands.
  • Reduced operating costs for the management and collection of your demands.
  • Improved conditions of sales and competitiveness.
  • Direct exploitation of business opportunities.
  • Continuous screening of credit risk.
  • Creation of safe conditions for the growth for your business (credit risk insurance).
  • Improves the image of your balance, in cases of non-recourse factoring.
  • Allows your business to grow safety in unfamiliar international markets.

CONTACT

Do not hesitate to contact us for any questions or remarks.

  • Tel.: +30-210-3669000
BUSINESS Loans Factoring