Domestic without-recourse factoring

Domestic without-recourse factoring works the similar way as domestic with-recourse factoring, there is only one difference: CSOB Factoring takes over the risk of non-payment of assigned receivables.

The takeover of the risk of non-payment covers payment inability or unwillingness of domestic customers. In case of payment inability or unwillingness CSOB Factoring pays 85 - 90 % of total value of receivables to a client (client's participation is 10 -15 %).

 

The main advantage of without-recourse factoring provided by CSOB Factoring is securing against the risk of non-payment under favourable price conditions and without complicated administration; the competitiveness is not decreased by any inappropriate requirements towards customers.

© CSOB Factoring, a.s. | IC: 45 79 42 78 | Registered at the Municipal Court in Praha, Section B, Entry 1647 |

Výmolova 353/3, 150 00  Praha 5 | Phone:  00420 267 184 810 | Email: info@csobfactoring.cz

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