Factoring is a present-day, convenient and reasonable financial instrument for growing businesses!
Get Service of Future at Raiffeisen Bank Aval!
Factoring at Raiffeisen Bank Aval is an opportunity to get financing at a desired time and to consign collection of your receivables to the care of professionals.
Factoring scheme
Advantages of factoring
1. Financing of goods (services) delivery WITHOUT COLLATERAL
2. Working capital financing.
3. Cover of late payment risk (factoring with recourse) and non-payment risk (factoring without recourse).
4. Possibility to accord competitive deferment of payment to your Buyer.
5. Possibility to plan your cash flow.
6. Management and accounting of your receivables by the Bank.
7. Informational and analytical support.
Basic requirements to businesses
Seller:
Market experience — no less than 3 years.
Current account with Raiffeisen Bank Aval.
No less than 3 Debtors for factoring.
Cashless settlements with the Buyers.
Buyer:
Market experience — no less than 1 year.
Fixed deferment of payment period (up to 90 calendar days).
Cashless settlements with the Seller.
Duration of Seller-Buyer partnership — no less than 3 months, hereby at least 3 payments for. delivered goods (services) effected.
Documents that Customer submit to the Bank are equal to the documents for credit
Market experience — no less than 3 years.