Benefits
Why Confirming?
- Advanced digitally-based form of Supply Chain Financing
- Provides liquidity for exporting companies (or sellers)
- Flexibility in invoice payments for importing companies (or buyers)
- Increases trust between Buyer and Supplier
- Optimization of the management of operational payments
Benefits for the Supplier
- Easy and fast access
- No funding limits
- Covers the buyer's default risk
- The supplier is not required to go through a lending process through the Bank
Benefits for the Buyer
- Extension of payment terms
- Zero cost during normal term
- Increasing supply chain stability
- Reduction of transaction costs
How does Confirming work?
Other Fees:
- Confirming Service activation (also for the buyer) 0 EUR
- Cost of using the Portal (also for the buyer) 0 EUR
- Handling fee 0 EUR
- Other Bank charge as incurred
Contact
For any further inquiries contact the following email adress: