Benefits:

• This type of factoring carries a number of advantages both for your company and your suppliers.
• Depending on the adopted solution you have the possibility to obtain longer terms of payment from your suppliers thanks to indicating to them the source of financing or discounts for earlier payments.
• Suppliers receive a guarantee of obtaining financing prior to the payment date or on payment date at the latest, simultaneously transferring to the Bank the risk of default. Moreover, they gain access to financing without the necessity of examining their financial condition and credit capacity.

Who can benefit from this solution?

1. Entrepreneur from the SME segment according to the EU definition.
2. An entrepreneur who does not operate in sectors excluded from the support of the European Investment Bank.
3. An entrepreneur whose activities and investments do not have a negative impact on the environment and are not ethically and morally controversial.
4. An entrepreneur who does not benefit from other public aid, e.g. BGK guarantees, subsidies.
5. An entrepreneur who obtains a positive creditworthiness assessment.

Detailed information can be obtained from the Corporate Banking Advisor.