Do you wish to increase your company’s liquidity otherwise than by taking a loan? Do you wish to offer longer maturity periods to your customers? Or do you simply wish to reduce the volume of receivables on your balance sheet? UniCredit Bank has extensive experience with purchases of both local and foreign receivables.
By purchasing your receivables, UniCredit Bank can provide you with an alternative access to financial funds. Thus, you will not only get cash without having to apply for a loan, but you will also strengthen your credibility and respect of your business partners.
Without recourse (forfeit)
UniCredit Bank accepts the risk of non-payment of the receivable by the customer and you are not liable for payment of the receivable.
With recourse (discount)
The bank has the right to request that you return the financial funds provided to you, if the customer fails to settle the receivable, i.e., you are liable for payment of the receivable.
Security for trade receivables arising from supplied goods or services with maturity period being, as a rule, less than 90 days.