А. Postbank assesses each proposed buyer and approves a financing limit for your company.
Domestic
Secure additional working capital to grow your sales on the Bulgarian market.
Advantages of domestic factoring with recourse:
- You become more competitive when supplying large retail chains and industrial companies on deferred payment terms.
- You save time and effort, as Postbank takes over the full servicing of your receivables.
Domestic factoring with recourse is designed for companies that generate recurring sales on deferred payment terms within Bulgaria.
Domestic factoring with recourse includes:
Working capital financing through an advance payment of up to 90% of the value of the assigned invoices.
Administrative and accounting management of trade receivables.
Collection of trade receivables.
How it works
1. You deliver your goods to the buyers and issue invoices
2. You assign your invoices to Postbank
3. Postbank transfers the advance payment agreed in the factoring contract to you
4. Postbank collects the amounts due under the invoices in line with the sales contract
5. The buyers pay Postbank
6. Postbank pays the remaining balance to you
In the event of late payment or non-payment of the invoices by the buyer, you agree with Postbank on a repayment plan for the advance payment that suits you.