Our factoring products

Our customised solutions for your company

Every company is unique. That is why we offer a variety of products and services that that can be tailored to your individual requirements. This way, factoring adapts perfectly to your specific needs!

Receivables financing

Access liquidity within just a few days of invoicing.

Financing your receivables is the core functionality of factoring. That is why fast, and straightforward processing is very important to us. We transfer 80–90% of the amount of your issued invoices (including VAT) within a few days, giving you access to cash soon after invoicing. The remaining amount, less fees, will be credited to you as soon as your customers have paid the invoice.

Beyond receivables financing, we offer additional services to help you access more cash faster and more efficiently.

Selling outstanding receivables to a bank offers significant benefits. This particularly applies to international trade: greater financial flexibility, increased security, and the potential to optimise your balance sheet by reducing outstanding receivables and external debt.

As flexible as necessary, as secure as possible

The sale of receivables is possible for nearly all types of receivables, including trade receivables, rent and lease payments, and many others.

The purchase of receivables can be structured either with or without recourse. This depends on whether the seller is liable for the accuracy and collectability of the receivable or only for its accuracy.

In the case of a receivables purchase without recourse (without recovery/forfaiting), the receivable must be separated from the underlying transaction. For example, through a letter of credit, a bill of exchange guaranteed by a bank, or a bank guarantee accepted by us.

For a straightforward book-entry receivable, a transfer protocol or a confirmation from the debtor that there will be no objections arising from the underlying transaction is sufficient.

If the debtor risk is too high for the purchasing bank and none of the above-referenced forms of security are available, a receivables purchase can also be based on a federal guarantee (G9) or a private insurance policy.

Benefits for your company

More liquidity
Converting receivables into cash generates liquidity, which supports the company´s growth. Factoring does not draw on your existing bank lines of credit, making it an effective supplement or alternative to existing bank facilities. We record the purchase of the receivables exclusively to your customers.
Revenue-based financing
As your sales increase or decrease, your financing adjusts accordingly. This effectively balances out seasonal fluctuations
Revenue-driven financing
During periods of strong growth or when expanding your business operations, your company needs liquidity as your accounts receivable grow rapidly. It is exactly during these times that you benefit most from having access to additional cash reserves.
Improved security
As your receivables are purchased on a non-recourse basis, the risk of default by debtors is transferred to Intermarket. Intermarket can also integrate an existing trade credit insurance policy or insure your debtors through an Intermarket insurance policy.
Capturing early payment discounts
With cash no longer tied up in receivables, you can take advantage of early payment discounts when paying suppliers. The benefit remains with your company and is reflected in your income statement.
Potential reduction in total assets and rating improvement
Factoring can improve key balance sheet metrics (particularly equity) and strengthen your credit rating due to a changed balance sheet profile. At the same time, working capital needs are optimised.

Accounts receivable management

Safely outsource or delegate your accounts receivable management and collections

A factoring agreement with Intermarket Bank provides more than just financial security: it also gives you access to our accounts receivable management services. We take care of your entire accounts receivable accounting, collections process, and customer credit monitoring; allowing you to focus on your core business.

As part of our accounts receivable management services, we record all outgoing invoices and incoming payments, providing you with daily updated accounts receivable information via our factoring portal “myintermarket.at”. This platform is accessible in both German and English.

If one of your customers fails to pay on time, we manage the collections process in consultation with you, tailored specifically to your customers. Your outstanding receivables and your customers’ creditworthiness are continuously monitored.

Benefits of Intermarket Bank’s professional accounts receivable management

Complete and daily updated accounts receivable management
Reduced administrative workload and staffing costs for you
Faster payment of outstanding invoices through efficient collections management
Ongoing credit checks on your largest customers

Credit insurance

Protection against your debtors’ insolvency

When one of your customers becomes insolvent, your company is exposed to significant financial risk and may also face considerable time and effort in collecting outstanding receivables. To protect you against the effects of insolvency of your business partners, Intermarket Bank, in cooperation with a credit insurance provider, may assume that credit risk on your behalf.
Once you’ve taken out trade credit insurance, a credit limit is established for each customer. If one of your business partners becomes insolvent, the insurance will compensate you for the outstanding receivables.
Backed by many years of experience and the highest standards of professionalism, we stand ready to protect your company against the insolvency of your business partners.

Benefits of trade credit insurance through Intermarket

Reduction of financial risks
Protection against the insolvency of your business partners
Debt collection handled professionally by Intermarket
Less time and effort spent on accounting

Forfaiting

Forfaiting differs from a standard purchase of receivables in that it involves an additional form of security for the receivable, such as a letter of credit, a bill of exchange guaranteed by a bank, or a bank guarantee accepted by us.

For a straightforward book-entry receivable, a transfer protocol or a confirmation from the debtor that there will be no objections arising from the underlying transaction is sufficient. If the debtor risk is too high for the purchasing bank and none of the above-referenced forms of security are available, a receivables purchase can also be based on a federal guarantee (G9) or a private insurance policy.

Forfaiting: the 3 key benefits for you

Improved liquidity: proceeds are available rapidly, providing additional liquidity if an existing credit line is already fully utilised.
Risk transfer with non-recourse receivables purchase: The payment risk, political risks, and force majeure risks are borne by the purchasing bank. Interest rate risk is eliminated due to the fixed interest rate. Exchange rate risk is likewise eliminated when invoices are issued in foreign currencies.
Potential balance sheet reduction: A lower level of receivables and reduced external debt may improve certain financial ratios (depending on applicable accounting regulations).