+371 2017 5000
lv
+371 2017 5000
lv
Services

Procurement financing

We will pay the your suppliers’ invoices, allowing you to postpone payments for up to 90 days.

Favourable conditions – starting from 1% per transaction

Favourable conditions – starting from 1% per transaction

Pay your invoices right away, receiving more favourable offers in return

Pay your invoices right away, receiving more favourable offers in return

Use the postponed payment – for up to 90 days

Use the postponed payment – for up to 90 days

No pledges or guarantees

No pledges or guarantees

Required financing
1
€
Due date
days
Get an Offer

Your data will be used only for business purposes, read more detailed information here: Privacy Policy

Iepirkumu finansēšana

Procurement financing

Purchase factoring or reverse factoring allows using the widely-known invoice financing also in transactions with suppliers. It is like a short-term loan for your operating activities, but without any credit commitments. At the moment, ERST Finance is the only company in the Latvian market which undertakes to pay your suppliers’ invoices, allowing you to make your payment 30-90 days later. In this way, it is possible to arrange better purchase conditions, as well as to purchase more goods and maintain a stable cash flow.

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.

Example

  • A construction company needs to buy building materials.
  • ERST Finance ensures a 100% payment of the invoice within 1 day.
  • The company uses the remaining free resources to pay out salaries to their employees.
  • After 90 days, upon receiving the payment for the first round of construction, the company makes a payment to ERST Finance.

How to receive financing?

  1. We carry out a 100% payment of suppliers’ invoices for the client
  2. The client receives goods from the supplier
  3. The client repays the loan to ERST Finance in 30-90 days
Get an Offer

This website uses cookies

Cookies

We use cookies to improve your experience, personalize content and ads, provide social media features, and analyze traffic. We may share this information with our partners, who may combine it with other data you’ve provided or they’ve collected.

Title Source Duration Target
_consent_given erstfinance.com 7 days The cookie enables the functionality of the cookie module.
_consent_types erstfinance.com 7 days The cookie ensures the operation of the cookie module.
_consent_yt erstfinance.com 7 days The cookie ensures the operation of the cookie module.
cookiewp_hide erstfinance.com 7 days The cookie ensures the operation of the cookie module.
PHPSESSID erstfinance.com Session A session identifier generated by the PHP server to track the user's session on the website.
_ga Google Analytics 2 years The cookie enables the tracking of unique visitors and helps identify user behavior on the website.
_fbp Facebook 3 months The cookie allows the measurement of marketing activity effectiveness and enables customization for different target audiences.
_consent_yt Youtube 6 months The cookie collects video viewing data for the YouTube platform.

Essential cookies provide key functions such as the website’s core functionality and ease of use. They are crucial for secure service delivery, and the website cannot function properly or fully without them. These cookies identify the user’s device but do not reveal their identity or collect any personal information. Essential cookies are stored on the user’s device until the web browser is closed.
Marketing cookies are used to tailor advertisements and notifications based on the visitor's interests, as well as to measure the effectiveness of marketing activities.
Our website uses statistical cookies that are stored on your device and allow us to analyze how you interact with our site. “Google Analytics” cookies are used to improve the quality of website content and tailor it to users needs.
Other cookies are personalized or third-party cookies that do not fall into any of the standard cookie categories.
Learn more