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 30-90 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 30-90 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.

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.
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.
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.
After receiving 9,000 EUR in a day, the company is able to pay their employees and to invest in manufacturing.
In 60 days time, the trading partner repays the whole invoice amount to ERST Finance.
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?

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

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

Within 30-90 days, the purchaser pays ERST Finance and the client.

PROCUREMENT FINANCING

Pay your suppliers’ invoices with ERST

Postpone payments for 30-90 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

FACTORING

Get money for your transactions already today

Receive additional financing for business development

Forget about long payment terms

FARM LOAN

Upgrade your production and processing

Only purchased capital equipment will serve as collateral

Repayment up to 60 months

LEASING

Financing up to 80% of the value of the item

Buy new and second-hand items

Repayment period up to 36 months

LOAN WITHOUT COLLATERAL

Raise additional funding for your business

Favourable loan terms - from 1% per transaction

The only collateral is a private guarantee, no other collateral needed