Co-operation with agents
As part of the factoring financing program, PJSC “MTB BANK” cooperates with large trading networks - Agents and provides factoring services to the partners of the Agent (suppliers).
Your company also can become such kind of Agent!
Why do you need this?
- there is an opportunity to increase the period of deferred payment;
- the volume of commodity credit from suppliers grows;
- the commodity circulation with suppliers increases without additional current assets from you;
- deferred payment for goods from suppliers + Possibility to grant deferred payment to your customers = Effective use of your funds.
Why do suppliers need this?
- obtaining unsecured financing;
- reduction of the credit load (payment for the loan withdraws current assets, and factoring, on the contrary, replenishes it);
- predictability and stability of cash receipts;
- additional current assets
- business development (increase in the number and volume of supplies, conclusion of new contracts for increased purchases);
- the possibility of obtaining discounts from partners working on prepayment at the expense of additional current assets;
- improvement of the company's image due to the regularity and accuracy in calculations (because they will have money before delay, they can plan!).