FACTORING FOR A FASTER PAYMENT OF YOUR TRANSACTIONS

Get money for signed invoices today

90% of the transaction amount - in your account today

Residue - as soon as the purchaser has paid ERST Finance

Favourable conditions - starting from 0.5% per transaction

For purchasers - repayment time of 30-120 days

Factoring is a short-term business loan to increase the current assets. It is like a business credit, the difference being that the yet unearned profit in the form of signed invoices serves as the guarantee. ERST Finance acts as an intermediary, making an immediate payment for your concluded transactions, at the same time allowing your clients to make the payments in 30-120 days. In such a way, it is possible to ensure a steady flow of income, not having to wait on your cooperation partners.

Required criteria for obtaining a loan:

  • The company has been trading for at least a year;
  • The previous year ended with a profit;
  • Positive net worth;
  • No major tax delays.
  1. In order to receive the rights to distribute their product in a wider trading network, a food company have to agree to a 60-day payment term.
  2. The long-term creates big pressure on the cash flow of the particular period, therefore, the company draws up a factoring contract with ERST Finance.
  3.  When making the next order in the amount of 10,000 EUR, the company transfers the invoice for payment to ERST Finance, at the same time informing their trading partner about it.
  4. After receiving 9,000 EUR in a day, the company is able to pay their employees and to invest in manufacturing.
  5. In 60 days time, the trading partner repays the whole invoice amount to ERST Finance.
  6. The company gets the remaining transaction amount, except the factoring commission fee which, in this case, is 0.5% or 50 EUR.
     

HOW TO RECEIVE FINANCING?

01

The client issues an invoice for the goods or services delivered to the purchaser.

02

A factoring contract is arranged, and ERST Finance makes an immediate payment of invoice in the amount of up to 90%.

03

Within 30-120 days, the purchaser pays ERST Finance and the client.

FACTORING

Get money for your transactions already today

Receive additional financing for business development

Forget about long payment terms

PURCHASE FACTORING

Pay your suppliers’ invoices with ERST

Postpone payments for 30-120 days

Get discounts to afford larger orders

BUSINESS LOAN

Attract funding for operating activities

Use stocks of goods as a  loan guarantee

Compensate the non-season by securing a steady cash flow

SECURING OF GUARANTEE

Decrease transaction related risks

Claim new orders

Replace the advance payment with a guarantee

STOCK FINANCING

Get free financial resources in the value of your stocks

Release financial resources for fulfilment of new orders

Keep the stocks at your own disposal

STOCK FINANCING

Get free financial resources in the value of your stocks

Release financial resources for fulfilment of new orders

Keep the stocks at your own disposal

FACTORING

Get money for your transactions already today

Receive additional financing for business development

Forget about long payment terms

PURCHASE FACTORING

Pay your suppliers’ invoices with ERST

Postpone payments for 30-120 days

Get discounts to afford larger orders

BUSINESS LOAN

Attract funding for operating activities

Use stocks of goods as a  loan guarantee

Compensate the non-season by securing a steady cash flow

SECURING OF GUARANTEE

Decrease transaction related risks

Claim new orders

Replace the advance payment with a guarantee

STOCK FINANCING

Get free financial resources in the value of your stocks

Release financial resources for fulfilment of new orders

Keep the stocks at your own disposal

STOCK FINANCING

Get free financial resources in the value of your stocks

Release financial resources for fulfilment of new orders

Keep the stocks at your own disposal

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LEARN HOW ERST FINANCE CAN BOOST YOUR GROWTH
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Favourable conditions, starting from 1% per transaction

Without any pledge, guarantees or credit commitments

Provision of financing within 2-3 days