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Provided quick liquidity without additional collateral
Release cash flow immediately after invoicing.
Factoring is applicable to both domestic and foreign clients /payers/.
Factoring is a quick procedure executed via assignment of receivables in favor of UBB where latter extend advance/finance against assigned receivables without requiring additional collateral.
Release cash flow immediately after invoicing.
Obtaining the opportunity to provide more favorable commercial terms to its payers than its competitors.
Obtaining the opportunity to provide more favorable commercial terms to its payers than its competitors.
Possibility to be insured against commercial risks of non-payment by a payer chosen by you.
You transfer the process of administration and collection of your receivables to the Bank.
Minimum amount | 400 000 BGN / 200 000 EUR |
Deferred payment | Up to 180 days |
Utilization Period | 12 months |
Price conditions | Tariff/as per agreement |
Factoring is a financial services consist of two or more elements as follows:
Factoring is applicable to both domestic and foreign clients /payers/.
Preliminary examination
The bank gives you the opportunity within 24 hours to receive an offer with indicative parameters of the factoring limit you want.
The conditions for applying for such a limit are:
In case you meet the above requirements and wish to receive an indicative offer for Factoring, you can send to email address - exact names of your company, EIC, as well as a completed file with the Table of Payers.
Within 1 working day of your submission of the information, an employee of the UBB Factoring Department will contact you to discuss the details necessary to prepare an indicative offer, where the Bank reserves the right to make a final decision after a thorough review of the supplier and the payers of the transaction.
When concluding a Factoring contract, it is necessary to fill out a Factoring Application Request, which you can send to the specified coordinates in the Contacts section.
Claims must meet certain following conditions:
Companies that could use the Factoring service are as follows:
Factoring, Sales Department
Sofia 1463, 89B Vitosha Blvd, Millenium Centre
Phone: 02/ 811 2967, 02/ 811 29 66, 02/ 811 29 73, 02/ 91 985 264 and 02/ 91 985 115
E-mail: factoring_sales@ubb.bg