Receivables Discount Financing
- Provision of working capital
- Financing of up to 80% of the invoiced amount
Whom is it Suitable for?
- Local and foreign companies
- Public and financial institutions that have a need of liquidity
The loan can be secured by assets of the borrower or of third parties, established in favour of the Bank as per the procedure and in the form established by law. The collateral may include one or mixture of the following assets:
Receivables from third parties, subject to financing
Market appraisal and insurance of collaterals are required.
Frequently Asked Questions
The market apprisal should be updated every year. The insurance must be maintained valid for the entire loan period.