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Information
Domestic factoring
Domestic factoring
VIB finances clients (as sellers) by the acquisition (with recourse) of receivables received from purchasing contracts.
Risk reduction
Receive professional advice to minimize risks.
Financial support
Be financed at reasonable prices.
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Features
Customer
Enterprises sell goods, provide services on the condition of deferred / installment payment.
Condition
Meeting the factoring conditions in accordance with the Law, regulations of the State Bank and VIB in each period.
Loan to value
Up to 85% of the receivables
Tenor
- Factoring line term: up to 12 months
- Each time factoring/ each time according to the factoring line: up to the remain payment term of the receivables (maximum 180 days) plus the number of backup days (maximum 30 days)
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