Forfaiting Solutions (English) - Forfaiting Solutions

We convert your accounts receivable into cash!

 

 

Forfaiting Solutions is a joint venture of VA TECH Finance and Oberbank specialised in the purchase of accounts receivable.

 

Under this partnership VA TECH Finance is administrating the accounts receivable transactions (including management of claims) and Oberbank with its financial power is providing the funds for the transactions.

 

This guarantees you attractive conditions, quick decision makings and a professional and straightforward execution!

Your benefits

Generating liquidity by selling accounts receivable has the following advantages:

  • accounts receivable turn into cash and creation of liquidity without debiting of bank facilities
  • possible outsourcing of the demanding claim management/debt collection
  • possible favourable balance sheet effects
  • management of payment risks/credit risk insurance solutions

Our main criteria

 

  • accounts receivable for investment goods up to EUR 2,5 m per single transaction
  • accounts receivable denominated in EUR or USD
  • tenor of accounts receivable: ideally 1,5 – 3 years (up to 5 years possible)
  • acceptable credit standing of the seller and of the debtor of the accounts receivable/credit risk insurance
  • seller of accounts receivable: company based in Austria or southern Germany

 

Providing financing to a client is often a critical success factor for getting a contract awarded, especially in the export business.  A supplier’s credit (i.e. a supply contract with deferred terms of payment combined with a forfaiting transaction) is a simple tool to achieve this: the exporter is receiving cash by selling the accounts receivable, the importer is paying long term according to the agreed deferred terms of payment. 

 

Our forfaiting offer to you:

We work out together with you the best solutions for your supply business – starting with the support already at the negotiation stage with your client.  Beyond that our specialists serve and assist you through the whole project execution time.

Our main criteria

 

  • factoring line from EUR 250.000 up to EUR 5 m
  • accounts receivable denominated in EUR or USD
  • manageable number of debtors and accounts receivable
  • revolving purchase of accounts receivable
  • tenor of accounts receivable: minimum 30 days
  • acceptable credit standing of the seller (no start-ups) and of the debtors of the accounts receivable/credit risk insurance
  • stable supply relationships
  • seller of accounts receivable: company based in Austria or southern Germany

 

Our factoring offer to you:
We work out together with you a factoring solution for your needs for the accounts receivable you intend to sell on a revolving basis. Additionally – if required - we support you in structuring a credit risk insurance solutions for your accounts receivable to protect against credit risks.

 

Impressum

Forfaiting Solutions DAC

The Metropolitan Building, Dublin 1,

James Joyce Street, Ireland

+353 1 266 6000

+353 1 266 6606

 

Private limited company

registered in Ireland

number: 470977

VAT number: IE 9706095D