How does factoring work?

1. Conclusion of the contract

• You choose the appropriate type of factoring (domestic, export, import, with/without recourse).
• We establish together the funding limit and commercial conditions.
• Rapid integration in the BT WEB Factoring platform for invoice transmission.

2. Issuing and sending invoices

• You issue the invoice to your client (the debtor).
• Upload the invoice to the BT WEB Factoring platform
• BT checks the invoice and confirms eligibility.

3: Rapid financing

• You receive up to 90% of the invoice value in your account, in 24 hours.
• You do not need additional guarantees – the invoice is sufficient.

4: Collection and administration of receivables

• We monitor and manage the relationship with debtors.
• You have access to reports and real-time statuses through BT WEB Factoring.

5: Collection and final settlement

• At maturity, BT collects the amount from the debtor.
• We transfer you the remaining difference (minus the agreed costs).
• In the case of non-recourse factoring, BT assumes the risk of non-payment.