Would you like to increase your company’s liquidity other than by drawing a loan? Would you like to offer your customers longer payment terms? Or are you simply working to reduce the volume of receivables on your balance sheet? UniCredit Bank has abundant experience in purchasing domestic and foreign accounts receivable.
By purchasing your receivables, UniCredit Bank provides you alternative access to funds. You thus not only obtain cash without having to apply for a loan but also strengthen the trust and respect of your business partners.
Without recourse (forfeit)
The risk of non-payment of a receivable by a customer on grounds of its insolvency or unwillingness is assumed by UniCredit Bank, relieving you of your liability for payment of the receivable.
With recourse (discount)
The bank has the right to claim reimbursement of the granted funds from you if the customer fails to pay the receivable, making you liable for payment of the receivable.