FINANCING - NOW ALSO FOR PURCHASES

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

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

Favourable conditions - starting from 1% per transaction

Use the postponed payment - for up to 90 days

No pledges or guarantees

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.
  1. A construction company needs to buy building materials.
  2. ERST Finance ensures a 100% payment of the invoice within 1 day.
  3. The company uses the remaining free resources to pay out salaries to their employees.
  4. 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?

01

We carry out a 100% payment of suppliers’ invoices for the client

02

The client receives goods from the supplier

03

The client repays the loan to ERST Finance in 30-90 days

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

SECURING OF GUARANTEE

Decrease transaction related risks

Claim new orders

Replace the advance payment with a guarantee

RAW MATERIAL FINANCING

Receive operating financing to purchase new goods and raw materials

Pay your supplier right away and receive a discount


Use the additional financing to fulfil larger orders

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

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

SECURING OF GUARANTEE

Decrease transaction related risks

Claim new orders

Replace the advance payment with a guarantee

RAW MATERIAL FINANCING

Receive operating financing to purchase new goods and raw materials

Pay your supplier right away and receive a discount


Use the additional financing to fulfil larger orders

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

Ask question
Ask question
LEARN HOW ERST FINANCE CAN BOOST YOUR GROWTH
Company
Reg.No.
Sector
Required financing
Financing purpose
Contact person
Email
Phone

Favourable conditions, starting from 1% per transaction

Without any pledge, guarantees or credit commitments

Provision of financing within 2-3 days