In case you need working capital financing, through its Factoring product Postbank is able to provide you with financing facility prior the maturity date of the respective receivables. Advance payments are usually 80% of the invoice value of the receivables and are paid up to 24 hours after receipt of the documents verifying delivery or export. The remainder of the invoice value is paid upon receipt of the due amount from the buyer.
- You receive the requested receivables financing without pledging any fixed assets.
- You have a source of financing which represents advance payment of purchased assets (receivables) and does not increase your credit exposure. This allows you to utilize additional financing for your company’s expansion.
You use unlimited and flexible way of financing compared to the conventional borrowing – the source of financing are the Accounts receivable and it grows as your company’s sales grow.