Characteristics

For companies selling goods:
- Improving their cashflow and enhancing liquidity
- Increasing sales thanks to the deferred payment policy
- Reducing costs of administration and debt management  
- Having new financial funds without dependence on bank loans, and no security required
- Mitigating non-performing loans and restricting credit risk.

For companies buying goods:
- Post-payment enabled
- Seller's credit-worthiness can be used for working capital financing
- Opportunity to negotiate better deals
- Payment process simplied thanks to centralization to Eximbank.

Conditions


Subject: Vietnamese economic entities and foreigners supplying goods under sale contract using deferred payment method and benefiting from the receivables arisen out of the goods sale and purchase.
 
Mode: factoring for each receivable item, factoring on limit basis, and co-factoring.


Mode: factoring for each receivable item, factoring on limit basis, and co-factoring.