Export factoring

Export factoring solves financing of receivables arising from foreign customers and - as with domestic factoring -  includes  management of such receivables.

With regard to possible complications that might occur when managing export receivables we lay emphasis on securing the risk of non-payment and so we offer export factoring preferably on the without-recourse basis.

For each foreign customer we set a credit limit and CSOB Factoring takes over the risk of non-payment for all receivables up to this limit. Participation of a client is 10 – 15 % as in the case of domestic without-recourse factoring .

Both domestic and export factoring can be provided if a client needs to finance foreign as well as domestic receivables.