The Reverse Factoring service offers you

International reverse factoring service

MoraBanc has an international reverse factoring service for handling the payment of your international suppliers’ invoices, based on the experience and technology delivered by Banco Santander, the leading bank in financing reverse factoring arrangements:

  • it covers more than 40 countries and is continually expanding.
  • Call centre able to deal with the acceptance of payments in seven languages.
  • Invoices processed in whatever currency issued that can be freely converted and negotiated in the major financial markets.

See required documentation

Arrangement with big advantages for your business

  • Save on costs, as the bank covers all internal expenses for processing supplier payments.
  • Save on time and travel, as confirmed payment remittances can be processed online.
  • Free service for transfers made to Andorra.
  • Improve business relationships and the ability to negotiate with suppliers.
  • Possibility of paying in different currencies and countries.
  • Optimise the worth of your working capital.

Advantages for your suppliers

  • Reverse factoring allows your suppliers to pay their outstanding invoices in advance and, therefore, to obtain short-term financing.
  • Flexibility: you can choose to pay all or some of your invoices in advance.
  • Instant financing, as it is secured by your business and it is usually less expensive than local financing.
  • Increase your borrowing capacity, as you will be able to dispense with trade discounts at your bank.
  • Applications dealt with in 7 days at the most, provided the required documentation has been submitted.

Apply

Write to us and we will contact you

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Mora Banc Grup, SA,Mora Banc Grup, SA, with registered office at Av. Meritxell number 96, AD500 Andorra la Vella, is responsible for the processing of personal data contained in this form for the purpose of addressing your request. At any time you can access, rectify, delete, limit, oppose, request portability and withdraw your consent through the following email address: dpo@morabanc.ad. For more information on the processing of personal data by Mora Banc Grup, SA, please consult the Privacy Policy.

You can also contact us by calling +376 884 884

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