Syndicated Factoring
Syndicated Factoring is a new framework of factoring services provided jointly by NFC and partner banks (who conduct the sales activities and render credit to NFC). Co-operation of the leaders of banking and factoring markets implies the union of the parties’ efforts aimed at providing high quality factoring services to trade and industrial companies.
Advantages for the partner bank:
- an opportunity to strengthen relations with corporate clients;
- opening new client accounts thanks to expanding the list of rendered banking services (NFC does not provide cash account services, thus there is no risk of clients flowing to NFC);
- expanding the credit portfolio by providing credit to NFC;
- corporate credit risks substituted by bank credit risks (the credit is secured by a collateral or conditional assignment of accounts receivable);
earning agent’s commission for new clients; - an opportunity to provide extra finance to the clients not within the maximum capital exposure requirement N6;
- regular cash flow regarding the accounts of your clients, thanks to factoring payments from NFC.
NFC also devotes special attention to joint marketing work with the client, which may be formalized in the tripartite factoring contract.
The partnership between the two companies, each listed among the leaders of Russian financial services market, doubles the opportunities for developing unique products, both from the point of view of their quality and their competitive price.
Should you have any questions regarding the partner program, please contact us:
Oleg Perevispa
8 (495)787-53-37 # 5174
per_ov@factoring.ru
