• When you assign receivables to the bank, the volume of receivables in the balance sheet falls
  • The financing does not increase credit exposure and the volume of liabilities
  • The liquidity and other ratios of the company improve


If you work with a balance sheet, you can assign a large volume of receivables to the bank in a one-off transaction, ideally towards the end of the reporting period.

Method of purchase

  • Receivables are sold to the bank by means of an assignment for consideration.
    • Without recourse (no-recourse factoring) – the bank assumes the risk of the debtor’s insolvency or unwillingness to pay and insures the receivables with a credit insurance company with a deductible of only 10%
  • The bank buys 100% of the amount of receivables as specified in the invoice, incl. VAT; it provides clients with a contractual advance payment, which usually amounts to 90% of the nominal value; the remaining part is credited to the client’s account immediately upon the payment being obtained from the debtor

Further benefits:

  • You minimize the risk of exchange rate movements for receivables in foreign currencies
  • No reservation fee is charged on the unused amount
  • The transfer from the bank’s internal accounts to your current account is free of charge
  • You will lower the cost of payments – no fees are charged for incoming payments
  • The bank assumes the risk of non-payment


Contact details of our specialists:

Jan Novotný
M: 725 707 726, T: 234 401 758, E:
Jana Tobrmanová
M: 734 518 340, T: 234 401 472, E:
Kateřina Reicheltová
M: 603 808 248, T: 234 401 989, E: