About Bank
Reports
Regulation
Customer Rights
Financial System Mediator
Bank Shareholders
Alienable assets of the Bank
Factoring
"ARMBUSINESSBANK" CJSC offers the following types of factoring:
- Factoring without regress
The Bank as legal owner of the accounts receivable shall fully incur the risk of nonpayment by the Buyers.
- Factoring with regress
The risk of nonpayment by the Buyers is fully incurred by the Seller and as a result thereof the Bank incurs less risks offering beneficial interest rates.
- Pre-delivery factoring
At the stage of the commodity manufacturing the Seller is afforded an opportunity to finance buyers' procurements before their goods will be supplied.
The benefits of factoring
- Decrease in financial loss risk
- Financing of accounts receivable
- Planning of financial flows
- Increase in sales and buyer circle
- Acceleration of circulating assets turnover
- Additional competitive privileges
- Increase in yield
Updated on 11.06.2012, 12:21
Where an inconsistency between the languages, preference is for the Armenian version.
“ARMBUSINESSBANK” CJSC does not bear any responsibility for the inaccuracy of information on the linked web sites, nor does it accept any responsibility for the advertisements therein or possible consequences arising out of use of information provided on the linked web-sites by the third parties.
“ARMBUSINESSBANK” CJSC does not bear any responsibility for the inaccuracy of information on the linked web sites, nor does it accept any responsibility for the advertisements therein or possible consequences arising out of use of information provided on the linked web-sites by the third parties.
