Your business is constantly growing right under your eyes. You want everything to be easier and easier. Do you need financing fast, without material guarantees to cover the risk of non-payments? Then you can choose to outsource the collection and administration of invoices. OTP Bank will buy the commercial receivables resulting from the provision of services or the delivery of goods to business partners.
If you hold a certificate issued by APIA, our factoring product for pre-financing of APIA subsidies is an easily accessible solution, through which you can turn into quick liquidity up to 90% of the amount that you are going to collect according to the certificate.
You can access your OTP Commercial Factoring Client Account and apply for financing online or view real-time reports.
Quick access to liquidities
Reduction of administrative costs
Consultancy and specialized assistance
What are the advantages of domestic and export factoring?
Quick access to liquidities;
Financing without material guarantees;
Decreased dependence on payment terms of customers;
Reduction of administrative costs;
Consultancy and specialized assistance;
Coverage of non-payment risk of eligible debtors;
Specialized receivables collection and management services;
Reports and real-time information;
The limit is calculated for each approved debtor depending on the turnover realized / estimated with it, the payment term and the seasonality of the business;
It is revolving, in lei for domestic factoring and in foreign currency for export; any amount refunded / collected can be used again;
It is granted for a period of 12 months, with the possibility of extension for similar periods.
IMPORTANT:
OTP Bank is a member of the international factoring organization Factors Chain International (FCI), so you benefit from the expertise of our correspondents factors (FCI members) regarding the evaluation and also from their support in order to quickly collect the debts issued to external partners.
How to get the advantages of domestic and export factoring?
Contact Us
E-mail: faktoring@otpbank.ro
Request information by calling HelpDesk
at (+4) 021 308 57 10.
Visit Us
Visit our OTP Bank branch,
and let's discuss the best alternative for you.
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Useful information, regulations, costs
- Interest rates (pdf, 322.51 KB)
- Taxes and Fees
