Factoring

Factoring

Factoring

  • Simplify your work with debitors - no more waiting. Use the factoring agreement for an instant receipt of the buyers’ payments and risk management
  • Your company will be able to quickly increase finance turnover and sales

Why to choose factoring

  • Increased volume of the company’s spare assets
  • You will be able to offer better payment terms and conditions to your customers
  • Delegate the control over payment of invoices and cash collection from the customers to us
  • Your accounts receivable may be insured – it is particularly important with new customers
  • The team of professionals will assist you in making the use of factoring fast and easy

How to apply for factoring?

Fill in the application form and submit the required documents

Obtain a proposal. After consideration of the transaction receive the proposal from us

Sign the factoring agreement

Receive the funding. Submit invoices and receive the funding

Necessary documents

  • Filled in application (in Latvian)
  • Financial reports for the last two years and operational results, including debtors and creditors account specifications 
  • Authorized representative’s passport or eID card 
  • Copies of the agreements with debtors
  • Other documents or further information, if requested

Useful links

Focus on your business, while delegating the administration of invoices to us!

See also:

Leasing

Learn more

Credit line

Learn more

Letter of Credit

Learn more

Documentary Collection

Learn more