Quick financing solution for accounts receivable arising from supply of goods and services contracts

Benefits:

• Lending currency can be VND or USD
• Reduced cost of time and personnel to collect debts
• High advance rate and flexible advance time
• Competitive interest rates and preferential fees.
• Simple procedures

Features:

• Enterprises that have manufactured or distributed the goods specified in factoring contracts for at least 12 consecutive months from factoring contracts.
• Satisfy credit extension/factoring requirements in accordance with the Law, the State Bank of Vietnam and SHB

Eligibility:

• Enterprises that manufacture, process and trade goo and sign credit sales contracts with the Buyer

Required documents:

• SHB’s Application for factoring.
• Related legal documents of corporate customers
• Receivable documents
• Financial statements and records

Others required by SHB