GENIKI Bank offers through GENIKI Factoring a complete and flexible package for companies that provide products or services on short term credit terms to other companies.
About GENIKI Factoring
Factoring gives your company the opportunity to assign its account receivables to a specialist (GENIKI Factoring), which undertakes on your behalf their management and collection in exchange for a commission.
GENIKI Factoring – if so agreed – can also finance the receivables of your company up to a percentage and limit. In some cases, GENIKI Factoring can also offer you credit risk coverage in case of financial inability of your debtor.
What kind of Factoring services does GENIKI Factoring provide?
GENIKI Factoring offers the following services:
- Factoring with or without recourse
- Reverse Factoring
- Invoice Discounting
- International Factoring
- Immediate access to cash and flexibility of the cash flow of your company
- Time and cost savings for your company
- Improvement of the efficiency of the collection of the receivables
- Protection from the risk presented by potentially untrustworthy debtors
For more information call 801.11.600.300 and 184.108.40.206 (from mobile phone or from abroad) or visit one of the branches of our bank.
GENIKI Factoring is member of the Hellenic Factors Association and of the Factors Chain International.