Flexibility in meeting the financial needs of your business, without establishment of additional collateral.
The factoring deal provides you with working capital for your company’s current needs, based only on invoices and documents for the made delivery, without additional collateral.
Option to use funds up to an approved limit without establishment of additional collateral.
We will help you in choosing the most suitable for your factoring deal structure, as upon any change in your trade policy, client portfolio, trade relations or sales volumes, we will adapt the factoring deal parameters /if needed/.
|Aim||Credit limit to cover current needs|
|Minimum amount of the financial limit||200 000 BGN/100 000 EUR|
Variable annual interest rate, formed of UBB’s Reference Interest Rate and a fixed margin
|Factoring commission and administration fee||
Fixed fee for the services, rendered by UBB Factoring.
The Factoring commission is charched on the amount of each funded invoice.
As per the Tariff of UBB Factoring
Assigned receivables in favour of UBB Factoring