Products & Services
Discover the products offered by Piraeus Factoring.
We meet the needs of every business.
The products of Piraeus Factoring are configured so as to respond to and cover the particular needs of each company depending on the activity and the market in which it operates.
Our products
Domestic
Domestic Factoring products offer effective solutions for companies that sell their products or services on (short term) open account terms to buyers located in Greece. These are:
Domestic
Factoring With Recourse
The product includes:
- Financing of the Accounts Receivables
- Management of the Accounts Receivables
- Collection of the Accounts Receivables
Domestic
Factoring Without Recourse
The product includes:
- Financing of the Accounts Receivables
- Assumption of the Credit Risk
- Management of the Accounts Receivables
- Collection of the Accounts Receivables
Domestic
Management and Collection of the Accounts Receivables
The product includes:
- Management of the Accounts Receivables
- Assumption of the Credit Risk
- Collection of the Accounts Receivables
Invoice Discounting
The product relates solely to the prepayment of particular invoices against buyers of a certified solvency and with a satisfying spread.
Domestic
Invoice Discounting
The product includes:
- Financing of selected invoices
- Assessment of debtors related to specific receivables
- Enhancement of short‑term liquidity
Reverse
The product is initiated by the ordering party (Buyer) which has a good credit standing and wants to finance and strengthen its relationship with his Suppliers.
Domestic
Reverse
The product includes:
- Financing of suppliers based on an agreement with the buyer
- Improvement of settlement terms of commercial transactions
- Support of supply chain continuity
Export
Piraeus Factoring operates as an intermediary between the Greek exporter, namely the Supplier, and its Buyer abroad. Specifically:
Domestic
Factoring With Recourse
The product includes:
- Financing of the Accounts Receivables
- Management of the Accounts Receivables
- Collection of the Accounts Receivables
Domestic
Factoring Without Recourse
The product includes:
- Financing of the Accounts Receivables
- Assumption of the Credit Risk
- Management of the Accounts Receivables
- Collection of the Accounts Receivables
Domestic
Management and Collection of the Accounts Receivables
The product includes:
- Management of the Accounts Receivables
- Assumption of the Credit Risk
- Collection of the Accounts Receivables
Import
Piraeus Factoring, through its collaboration with correspondent factors, members of the worldwide organization F.C.I., offers the following products for import companies.
Import
Factoring Without Recourse
The product includes:
- Management of the Accounts Receivables
- Assumption of the credit risk
- Collection of the Accounts Receivables & transfer of payments abroad
Import
Management & Collection of the Accounts Receivables
The product includes:
- Management of the Accounts Receivables
- Collection of the Accounts Receivables& transfer of payments abroad