Factoring CSOB - Company introduction

is a financial partner for everybody seeking a flexible, easy and accessible financing.

We finance short-term receivables and at the same time reduce the risk of failure in payment.

News

25. 7. 2014

Czech companies pay invoices two weeks after the due date

Payment discipline of Czech companies in the second quarter of this year deteriorated again - the average time from the invoicing till the payment has increased to 75 days, which is 13 days after the agreed due date. This outcome comes from the official statistic of our company that monitors the payment discipline of companies on the long term term basis.
24. 7. 2014

Construction companies pay to their suppliers more than a month after the due date, which is the worst result for the last 5 years

This spring Czech companies and entrepreneurs in the construction sector paid their payables on average in 96 days, which is the longest period over the last 5 years. Our long-term analysis also shows that in the construction industry it is quite common to pay more than a month after the due date.

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