Factoring
Factoring by ETP TEK-Torg
Receive funds under current contracts without deferred payments. Solution within 1 hour, based on the minimum number of documents
Factoring is a tool that is used to promptly receive financing without collateral
When does the supplier choose factoring:
— payment delays in the contracts.
— difficulty in obtaining a loan.
— lack of working capital.
Fast replenishment of working capital
Elimination of cash gaps
Increase in the quantity and volume of deliveries of goods, works, services
Insurance of the risk of non-payment on the part of the buyer
How does factoring work?
Your organization, without waiting for payment from the debtor, receives financing for deliveries from the factor after providing the closing document, within 24 hours.
Then the process proceeds according to the scheme:
1. Delivery of goods or services with deferred payment.
2. Assignment of the right of claim for delivery to the factor.
3. Financing up to 90% of the delivery amount.
4. Payment for the delivered goods to the settlement invoice.
5. Transfer of the payment factor to the supplier, minus the commission.
Advantages of factoring from ETP TEK-Torg
How it works?
Application form
Submit a request or call
Providing information
Fill in the information for opening the limit
Documents
Send documents and primary invoices for financing
Payment for deliveries
Receive payment for the selected deliveries within 24 hours
As part of the promotion, our partner reduces the factoring financing rate for all clients of the TEK-Torg platform: without hidden commissions and overpayments — the rate is from 0.05% per annum a day of financing.
Convenient — processes are automated in your Personal Account, a personal manager supports you at all stages of work.
Quickly, without bureaucracy — 2 documents (questionnaire and contract) are enough for the application, a preliminary decision is available on the day of application.
