What are the types of factoring offered by BT?
➤ Domestic factoring with/without recourse;➤ Export factoring with/without recourse;➤ Import factoring;➤ Reverse factoring. 🙂
What can I use the money for if I apply for working capital?
In the case of working capital loans, the money from the loan will be used for the company's current activity, namely: suppliers of raw materials ...
Do I receive the advance from the invoice value (financing) on the same day I present the invoices to the Factor?
If we receive the advance payment request (financing) in the first part of the day and all the granting conditions stipulated in the factoring contract are ...
Can BT help me access European funds?
Yes, we can assist you as a financer, at the moment when contracts have been signed with the management authority. 📑Thus, we can finance both the amount ...
Are the deposits made by other persons into the company accounts charged with a commission?
Deposits made by persons authorized to operate are not commissioned (by the legal representative, attorney-in-fact, delegate), however, deposits ...
What can I use the money for if I apply for an investment loan?
Proposed investment projects for financing must aim at the acquisition of commercial or production spaces, machinery or equipment that ...
What happens if I do not comply with the conditions of the state aid scheme?
If you do not comply with the conditions of the state aid scheme (the document you signed when receiving the state guarantee) you will be required to reimburse ...
What is a loan without material guarantees?
The credit granted based on:➤⠀personal guarantees; ➤⠀sub-accounts opened with us;➤⠀and pledge on collections and account balance ...
Can I get a loan without having to justify the use of the money?
Unsecured loans give you money to cover several types of needs, without having to prove it through documents ...
Under what conditions can the currency of a loan contracted by a legal entity at BT be changed?
The currency of a loan can be changed under the following conditions: ➤⠀the change will be made at our rate on the day of the operation;➤⠀the mortgage registered on a ...
How many banks can I apply to?
You can select only one financier.In case you receive a refusal from the bank you selected, however, you can request from FNGCIMM to access ...
Do I have to announce if I make any changes in the ownership structure?
You must notify both the bank and FNGCIMM before any change in shareholder structure, mergers, divisions, etc. to avoid ...