Business financing

“I want competence and professionalism from my people.
And that’s exactly what I get from my bank.”

Business financing

“I want competence
and professionalism
from my people.
And that’s exactly
what I get
from my bank.”

Are you seeking ways to better finance and manage your supply chain? 

We will offer you a product suited to your specific needs.

Bank guarantees

A written undertaking of the bank to pay the guarantee beneficiary the guaranteed amount if the debtor (the bank’s client) fails to meet its contractual obligations and/or if the conditions precedent for the payment specified in the guarantee are satisfied.

  • Securing any contractual obligation, whether payment or other.
  • Active management through BUSINESS 24.
  • Various types of guarantees (e.g., for rent, performance bond, retention money, for upfront payment, or customs clearance).
  • Option of receiving information about the issuing bank’s rating once a product is agreed.
  • Verification that the signatures on behalf of the bank are legal and binding.
  • Evaluation of the guarantee deed, or facilitation of exercising guarantee in the event of your request for payment under a guarantee provided by an issuing bank.

Documentary transactions

Documentary letters of credit

Hedging against risks of trade contracts.

  • Bank’s undertaking to pay (at sight or with deferred maturity) against documents submitted.
  • Hedging both contractors and customers against trade risks.
  • Enabling contractors to finance receivables (for L/C with deferred payment issued by a reputable bank).

Documentary collection and bill collection

More assurance for trade partners.

  • Assurance for the supplier that the customer (debtor) will not receive the documents or bill before satisfying the specified conditions.
  • This enables contractors to mitigate the risk that they will not get paid for the goods delivered (subject to using adequate documents).
  • This does not block the customer’s funds or credit limit before payment.

Factoring

Use the option of financing, managing and insurance of receivables through classical factoring, or contractor financing based on the confirmation of your receivables.

Classical factoring

  • Recourse and non-recourse form of financing.
  • Immediate cash within 24 hours.
  • Financing of assigned receivables up to 90%.
  • Online access via eFactoring platform.
  • Protection against insolvency of your customers.

Reverse factoring

  • Factoring financing of your buyers at up to 100% based on the confirmation of your trade liabilities.
  • Improvement in the use of working capital thanks to extension of suppliers invoice due dates.
  • Additional funds can be secured without increasing bank indebtedness.

ediFactoring

  • Factoring financing using Elecronic Data Interchange (EDI).
  • Suitable for both classical and reverse factoring.
  • Document processing automation.
  • Making the factoring proces more efficient.
  • The strategic partner of Factoring České spořitelny for the use of EDI is EDITEL.

Post Financing

  • Liquidity management of business partners without the need to create pressures on working capital.
  • Settlement of trade payables for the client by a factor in the due date of the supplier invoice.
  • Postpone of the payment of the incurred financial liability for the factor for up to 180 days from the issuance of the supplier invoice.
  • The transfer of confirmed supplier invoices by the customer takes place electronically via the secure eFactoring internet application.

Structured business and export financing

We will advise you on special-purpose business financing. The products are suitable primarily for corporate clients.

Contract financing

  • Financing the costs of executing a business contract.
  • Individual loan amount based on the terms of the financed contract and the rating of the contractor and the client.
  • Gradual loan utilisation based on documented costs according to the schedule and contract quotation.
  • Loan repayment primarily from the receivables under the contract.

Forfeiting

  • Assignment of receivables to the bank for consideration prior to their maturity.
  • Assignment with or without regression for the assignor.
  • For bill, one-time, and recurring receivables.
  • The price of the financing can be indicated at the pre-contract stage and included in the purchase price.
  • By selling receivables, the contractor obtains funds for financing other projects.

Export and import customer loans

  • Loans provided usually in connection with an exporter’s supply to an international trade partner under an export contract.
  • Financing of construction and supplies – the client usually pays after the commissioning.
  • The loan beneficiary is usually the customer or their bank.
  • This eliminates many risks involved in export to customers through suitable security (insurance, guarantee, etc.).

Promissory note programme 

  • An alternative to credit financing.
  • Financing based on linking note issuers and investors in notes.
  • Suitable for financing of note issuer’s investments.

Loan for investments made abroad

  • Mid- to long-term loans for making your own investments abroad.
  • Suitable for building a new facility abroad or for acquiring a foreign company.
  • Option of financing operating capital for production roll-out.

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