Invoice Discounting with Recourse

We offer services for the assignment of receivables, accompanied by post-dated checks, resulting from sales by Suppliers based in Greece to domestic Buyers. Our services include discounting, accounts receivable management, and buyer credit control

Advantages

Immediate liquidity access

Generate direct cash flow from your business sales, calculated as a percentage of the value of assigned receivables

Delegation of accounts receivable management and monitoring

Outsource the management and monitoring of assigned receivables to Pancreta Factors, significantly reducing your business' operating costs

Continuous evaluation of buyers' creditworthiness

Continuous assessment of the creditworthiness of existing and new buyers by Pancreta Factors, informing the Seller of any negative trading behavior or deviation from the agreed credit policy

Terms and Conditions

Services

Financing
Accounts Receivable Management
Buyer Credit Control

Costs

Management Fee, which is calculated on the value of assigned receivables and refers to the Factor's fee for the management of these receivables
Discount Commission, which is calculated on the discounted amount, if funding is used
In addition, one-time initiation and annual review of factoring limits or Buyer assessment fees may apply

Funding process

You assign the accounts receivables and the supporting documents
After processing, funding is available within 24 hours
Receive funding according to your needs at your convenience

How to purchase it

We hold a meeting to explore the needs of your business

We analyze both the quantitative and qualitative data of your company's clientele and recommend a cooperation scheme that aligns with your needs

We sign the necessary contractual documents and commence the cooperation immediately