Loans under the InvestEU program 

If you compare factoring with credit insurance and banking products, letters of credit, etc., the costs are comparable. What's harder to calculate are the added benefits of our services. Access to a source of financing linked to the growth of your business can help you achieve much higher revenue levels. Reducing the costs of administration and collecting trade receivables could be significant, as could the benefits of lower interest expenses resulting from shorter credit periods. On the other hand, the higher coverage rate compared to traditional export insurance gives you extra security needed to expand your exports.

In our opinion, they will welcome the idea of factoring if you explain to them that it allows them to buy on deferred payment instead of prepaying or using a letter of credit or bank guarantee. An additional advantage for your foreign clients is the ability to pay locally instead of making international transfers.

Postbank is a member of Factors Chain International (FCI). It's a global network of leading factoring companies aiming to make international trade easier through factoring and related services. With over 400 FCI partners, Postbank can offer its services in more than 90 countries across Europe, Southeast Asia, North and South America. You can find more information and a full list of serviced countries on their website  FCI .

Besides its membership in Factors Chain International (FCI), Postbank can offer coverage on international markets through leading insurers in trade credit insurance. Thanks to agreements with such partners, coverage of foreign markets is practically unlimited.