Factoring

A flexible way to ensure liquidity and ease your working capital line of credit
Greater security and risk protection against bad debt
Take advantage of prompt payment discounts
Balance sheet contraction and an improvement in credit ratings

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Factoring provides an excellent complement to classic bank financing arrangements and gives a company greater financial freedom. By selling their accounts receivable, companies quickly and easily boost their liquidity. A company should avail itself of a factoring programme in "good times", so that it already has security built in for more difficult times and for crises. Receivables financing thus represents a perfect, modern form of business financing and has the advantage of allowing the lines of credit always to be adjusted to reflect the company's specific situation.

Go to Factoring-Simulator Go to Online-Quick-Check

A part of Erste Group, Intermarket Bank is the leading specialist in factoring and supply chain finance (SCF) in Austria.

An alternative method of ensuring liquidity
Factoring works on the basis of the volume of accounts receivable that a company has. As a result it is independent of the credit facilities agreed for and by the company; and it does not increase the factoring client's liabilities towards the bank.
A broader funding base providing greater financial freedom
Factoring is the purchasing of receivables made under civil law; the risk is spread across a large number of debtors. An advance can be made immediately on the amount owing by Intermarket Bank; and the company as a result benefits from greater flexibility in its day-to-day liquidity and working capital management.
Greater security and risk protection against bad debt
If Intermarket Bank takes on the risk of default, the company is protected against payment defaults from its debtors. If so requested by the customer, Intermarket Bank can take in hand receivables insurance, or can refer the customer on to a partner such as Acredia Kreditversicherung.
Balance sheet contraction and an improvement in credit ratings
An optimised balance sheet structure due to a higher equity ratio, and improved financial strength.
More efficient debtor management
Factoring leads to better discipline into debtor management, better data quality and a reduction in overdue payments. This is accompanied by risk monitoring of debtors' creditworthiness.

*) Recourse: Die Intermarket Bank kann vorfinanzierte Summen zurückfordern, wenn die Kunden des Unternehmens ihren Forderungen nicht nachkommen.
**) Non-recourse: Das Ausfallsrisiko wird komplett von der Intermarket Bank übernommen.

Since 1971 Intermarket Bank AG has been a reliable partner to businesses in the area of working capital finances along the whole of the value added chain, and the specialist institute within Erste Group for all aspects of supply chain finance.

Supply chain finance solutions are growing in popularity in today's world of business because they allow company-wide optimisation of financial structures and costs. Intermarket Bank's core competencies include customised solutions for securing funds and preventing risk along its customers' supply chains.

A core part of, and collaborator with, Erste Group, Intermarket Bank offers its customers innovative financial products and digital platform solutions in the areas of supplier financing (ErsteConfirming), warehouse financing and factoring.

Intermarket Bank AG has been part of Erste Bank der oesterreichischen Sparkassen AG since mid-2011. In January 2017 Erste Bank der oesterreichischen Sparkassen AG's shares were transferred to Erste Group Bank AG. Against this expert, stable background, we operate as one of the specialists in the domestic market for receivables financing. In these times of Basel III, in particular, disposable equity plays an important role in assuring your company's stability and ability to grow.

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