Erste Factoring

Our services are used by:

  • small and medium businesses with yearly turnover higher than 30 million CZK, providing goods or services to domestic or foreign customers on a regular basis and having invoices with due dates between 14 - 90 days,
  • bigger companies that do not want to take out more loans (factoring has no impact on liability accounts of balance sheet) or want to outsource receivable management, which helps them to improve customer payment discipline, decrease administrative costs and consequently decrease fixed costs.

In general our services can be a solution for clients:

  • having, due to expansion, higher financial needs than their loan limit approved by bank,
  • not having met all bank validation criteria but having an interesting customer portfolio,
  • being in need of additional funds but not wanting to take out more bank loans,
  • wanting to decrease costs and outsource receivable management.

 

I am interested in:

37.6%
8.8%
18.2%
21.2%