Can I get a loan from BT if I have a garnishment on the company account?
We can grant you credit in this situation. 😃❗⠀However, we can do this only on the condition that you first pay the debts that caused the garnishment, either from ...
What is „factoring”?
Factoring represents a complex package of services, which is based on the process of acquiring receivables resulting from the delivery of goods or the provision ...
What is more advantageous: a line of credit or a working capital loan? What is the difference between the two types of loans?
Both types of credit provide the necessary funds:➤⠀current expenses; ➤⠀refinancing other credits;➤⠀payment of debts to the budget and to ...
What is the difference between factoring with recourse and without recourse?
In the case of factoring with recourse, the services provided to the Adherent by the Factor are:➤ advance payment before maturity of a percentage of the invoice value ...
How does the line of credit work?
The line of credit is the direct link between you, the bank, and your partners. 🙂Practically, the bank offers you a loan with a term of up to 24 months and you ...
For what period is the investment credit granted?
The granting period is a maximum of 120 months. However, a grace period of up to 36 months can be granted. 😊
What is a quick loan?
Quick credit is a financing product intended for any needs of your company. 😊Whether you need money for working capital or even for ...
For a company loan, do I have to justify to the bank how I use the money?
In general, for investment loans, the use of the money is based on the presentation of invoices and estimates because we want to make sure that you use ...
How does factoring work?
1. Contract conclusionYou choose the appropriate type of factoring (domestic, export, import, with/without recourse).We establish together the financing limit and conditions ...
In how much time do I receive in the current account the amounts collected in the collector account?
On the same day that the Factor receives the payment for the invoices from the Debtor, provided that we have all the necessary information to be able to allocate ...
What is the period for which a bank guarantee letter can be issued?
There is no maximum term for issuing a bank guarantee letter. 📄
What are the advantages of factoring?
Factoring presents the following advantages:➤⠀payment on term ➡ immediate liquidity➤⠀you have higher sales ➡ you have higher receivables ➡ you receive financing more ...