Factoring

The range of financial services rendered to the Client by the Factor (a bank or a specialised company *) in exchange for the accounts receivable financing, which includes funding for the goods delivery, credit risks insurance, registration of the status of accounts receivable and providing corresponding reports for the Client on a regular basis, as well as monitoring the timeliness of payment and work with debtors.

Financing goods delivery

When shipping goods on a deferred payment basis (factoring), the Client can get up to 90% of the value amount of goods delivered immediately after shipment, without waiting for payment from the buyer. Financing automatically increases as sales volume increases. Financing under the factoring agreement lets parties avoid shortage of the working capital. The Client receives the remaining funds (from 10%) after the buyer pays the Factor for the goods as pursuant to the agreement.

Managing the accounts receivable

Control over timely payments by buyers for the deliveries, forcasting the collection times and special procedures of customer care. The status of accounts receivable is reflected in regular and detailed factoring-reports which provide the Client with a snapshot information at the highest possible level.

Benefits for the customer (seller of goods)

turning the accounts receivable into real money
replenishment of the working capital and liquidation of cash shortage
reduction of risks associated with delays in payments
expansion of the share of the supplying company in the market
organisation of sales on credit
attraction of new

* The factoring service is rendered to clients of Finance and Credit Bank by the specialised factoring company that is the partner of Finance and Credit Bank.

You can obtain excessive information from specialists of FC Factoring.

FC Factoring LLC
Ukraine, 01032 Kiev,
Saksaganskogo str., 120 office 17
tel.:+38 (044) 5696575
fax: +38 (044) 5696575
e-mail: info@fcfactoring.com
http://www.fcfactoring.com

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