The services described below are integrated into the various forms of Factoring that we provide to our customers, and who can choose between:The services described below are integrated into the various forms of Factoring that we provide to our customers, and who can choose between:
- Export Non-recourse factoring. Banca IFIS acquires 100% of the credit from abroad in the currency of the invoice. Banca IFIS buys the credit and fully assumes the risk of insolvency of the debtor; in addition to accelerating access to resources, the company eliminates the risk of loss of the credit. This solution also optimizes many of the financial indicators of the financial statements of the year. Export factoring is an excellent tool for assessing the financial solidity of the potential foreign buyer and to obtain credit protection.
- Domestic factoring. Banca Banca IFISs - through recourse or non-recourse factoring - the receivable derived from the sale of goods or services in the domestic market in Romania. It is also possible to obtain financing also in foreign currency in the case that local businesses choose this type of agreement on the basis of legislative provisions.
- Maturity factoring. This service pertains to payments within the period specified in the invoice; the service is designed for businesses that require detailed financial planning.
- Indirect factoring. This service refers to the financing of credit of suppliers which originates from the creditor company, aiming to benefit from long-term payments. In order to transfer the credit to Banca IFIS, a factoring agreement with the suppliers is required. In many cases, the company that originated the receivable with respect to the suppliers is the only debtor within the Factoring operation. Indirect factoring is intended for buyers with high levels of creditworthiness and which intend to rationalize their payment terms. For more information, contact us directly: