Factoring at CompassBank is based on transparent principles and individual approach to each
Factoring is a financial activity whereby receivables due from buyers of goods or services are purchased and financed as well as a number of additional services are provided to Customers.
Factoring's clue is a release of funds frozen in receivables. The company gains flexible (adequate to actual sales) and quick financing thanks to prior conversion of receivables to funds, which may be used for any purpose. Cooperation between the Customer and the Bank in a factoring area is proceeded under a factoring agreement signed with the Bank.