Factoring - IntrebBT | Banca Transilvania

12 questions and answers

What is factoring?

What is the difference between regression and non-regression factoring?

How does factoring work?

For BT customers only

How long does it take to receive the amounts collected in the collector account on the current account?

What are the advantages of factoring?

If I am covered for default risk and the insurer pays the claim, will I also receive the difference in the amount not funded by the Factor?

For BT customers only

What types of factoring does BT offer?

For BT customers only

Do I get the advance on the invoice amount (financing) the same day I submit the invoices to the Factor?

What is the standard period for granting a factoring ceiling?

When should I use factoring?

Why is there a penalty fee on a non-regression factoring cap?

Do I have to ask the Advance Factor (financing) for all invoices?

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