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

PROCUREMENT FINANCING

Pay your suppliers’ invoices with ERST

Postpone payments for 30-90 days

Get discounts to afford larger orders

BUSINESS LOAN

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

FACTORING

Get money for your transactions already today

Receive additional financing for business development

Forget about long payment terms

Tractor equipment purchased with financing from the farm loan.

FARM LOAN

Upgrade your production and processing

Only purchased capital equipment will serve as collateral

Repayment up to 60 months

LEASING

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

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

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

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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