The Features of Factoring
Maximum amount:
Up to 80% of the invoice amount, including VAT
The difference:
Minimum 20% of the invoice value (without the financing costs), shall be received as soon as the financed invoice is fully collected.
Currencies Available:
RON, EUR, USD
Granting Period:
Factoring line - up to 2 years
Costs:
ACCESS FINANCIAL SERVICES offers competitive conditions depending on the covered financing needs and on the risk profile of the borrower and its assigned debtors (clients).
Invoice Maturity:
Up to 90 days
Collaterals:
Assignment of the financed invoices
Promissory notes issued by the company and guaranteed by its shareholders / associates / managers
Coverage of non-payment risk:
In non-recourse factoring, ACCESS FINANCIAL SERVICES may take over, in certain cases, the risk of non-payment by your borrowers, when they become insolvent, up to the level of 80% of the debt resulting from the invoices financed under the factoring contract.
In factoring with recourse, the risk of non-payment remains with the borrower.
Documents required:
List of documents
Financing Application Form
Contact Us
Do you need short term financing?
You only have to contact us and one of our representatives will provide you with further information.
Address
26 Armand Calinescu Str.,
Business Center
1rd Floor, Part A, District 2
Bucharet, 021012, Romania
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