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In October 2006, Finance & Credit Bank established its own factoring company FC Factoring, which offers a full range of factoring services.
The main purpose of factoring is to resolve the problem of cash deficiency faced by companies that deal with deferred payments. From this viewpoint factoring is the best solution for corporate customers who are short of ready cash. Finance & Credit Bank offers factoring services to dynamically developing enterprises as well as small businesses all across Ukraine.
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Unlike with bank loans, factoring financing requires no collateral
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It improves the customer's cash flow
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The amount of funds available under factoring agreements increases with the customer's sales
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The factor controls the status of receivables assigned by the customer
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