Factoring
THIS SERVICE is for you, if you want to support your business growth by fulfilling your financial obligations quickly.
-
General Information:
Expressbank offers the factoring services to its customers to finance their working capital. Through this service, companies can access up to 80% of the invoice value of the local and foreign receivables and payables.
| Types of factoring offered by Expressbank: |
|---|
|
Internal Factoring |
|
Factoring with regression |
| Minimum amount |
5 000 Azn |
| Maximum duration |
90 days |
Advantages:
|
The Seller and the Buyer have the following advantages: |
|---|
|
The Seller takes into accounts the funds needed to continue his business without chasing for payment for the goods sold or services provided. |
|
The Buyer has an opportunity to extend the payment period. |
| Opportunity to increase sales and purchases without any additional costs. |
Tariffs
| Commission - For registration: | |
|---|---|
| 1-44 day | 0.5% (min. 50 AZN) |
|
45-90 days |
1% |
|
12 months |
starting from 14% |