Do you need to assign to the factor company all your receivables from the buyers, involved in the deal?
Yes, all receivables under invoices, issued to the buyers, approved under the factoring deal, should be assigned in favour of UBB Factoring.
How is the factoring deal price structured?
The factoring deal price has three main components:
What will be the effect of the factoring deal on the company’s trade relations with its trade counterparties and what are the commitments of the buyers under the deal?
What kind of receivables could be subject of factoring?
Is it mandatory for the Supplier and Payer to have signed a trade contract?
No, it is not mandatory.