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Piraeus Bank offers Factoring for suppliers of goods / works / services, which ñonduct their business activities on terms of deferral payment.
Factoring lending - financing of each shipment of goods by providing a factoring tranche to the Supplier in exchange for cession of right (from the Supplier to the Bank) for monetary claim from the Debtor for the previously delivered batch of goods.
|Advantages of factoring from JSC PIRAEUS BANK ICB for Suppliers:|| |
|Advantages of Factoring for Buyers:|| |
Terms of financing:
|Currency of financing||Hryvna|
|Limit tenor||365 calendar days from the date of concluding of factoring agreement|
|Amount and term of lending tranche||Till to 90% assigned receivables on period of Contract delay in payment + additional waiting period on payment from debtor|
|Limit amount||It is calculated as requirement in financing of suppliers for every debtor (which is transferred on factoring)|
|Fee for factoring|| |