Invoice discounting / financing

Please send us an e-mail to tradefinance@unicreditgroup.zaba.hr.

If you plan to do business or additionally expand your exsiting operations in the international market, inform yourself about potential risks in import and export. We will be happy to assist you in choosing the best business solutions for your international operations.

Arranging a collateral instrument depends on whether the receivable is purchased with or without recourse towards the seller of the receivable as well as on the creditworthiness of the debtor (buyer).

Receivables that eligible for purchase should be:

• undue
• with deferred payment and clearly defined due date
• transferable
• acceptable in terms of underlying goods/services.
  

Prerequisites for invoice discounting / financing re the following:

• acceptable creditworthiness of the debtor (buyer) and/or creditor (seller) depending on the agreed type of purchase of receivables

• delivered goods/services for which an invoice has been issued to the debtor (buyer).
  
  

The bank usually purchases domestic receivables and foreign receivables with recourse. Purchase of foreign receivables without recourse is considered separately on a case-to-case basis depending on the possibilities to estimate the creditworthiness of the foreign debtor (buyer) and collateralisation.
In case of export business with a letter of credit as a method of payment, Zagrebačka banka can offer you forfaiting of letters of credit. Find out more in our guide.

The costs of selling the receivables are the interest and the fee. The interest may be collected:

• in advance (most common) – in the form of a discount for the period from the day of discount of receivables until the due date of the receivable (inovice discounting)
• on due date – according to the arranged due dates (invoice financing).

The interest rate is accrued in accordance with the Interest calculation rules of Zagrebačka banka.