Useful information, documents required for factoring

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Recourse Factoring

Who do we address?

Companies with debts resulting from merchandise deliveries, work execution, service provision, or producer companies.

Contact

Adress: B-dul Iuliu Maniu nr. 8A, Complex Gema, Sector 6.
Bucuresti, Romania.

Map

Map Finance One IFN

Documents required for analysis

    First stage – analysis of adherent’s and debtor’s financial statement
  • Application for financing – standard < donwnload here;
  • Memorandum of Association joined by addenda – true copy bearing signature and stamp;
  • Registration Certificate – true copy bearing signature and stamp;
  • Statement of account of the last 2 months, showing the balances of current accounts open with the ADHERENT’s bank – original document;
  • Identity documents of the persons empowered to represent the company - true copy bearing signature and stamp;
  • List of debts in the balance account for each client for whom financing is requested, for the last 12 months – standard;
  • The last two balances and three accounting balance sheets joined by the trial balances and by the explanatory notes related to the annual reports;

    Stage II – if the application is accepted, the following documents will be added to the adherent’s file:
  • Fiscal attestation certificate, valid for maximum 5 days – original document;
  • Resolution of the General Assembly of Shareholders /Sole Associate deciding the application for a short term loan from FINANCE ONE IFN S.A. – original document;
  • The specimen of signature issued by the adherent’s bank, signed, stamped and dated – original document;
  • Criminal records of the Associates and Managers, or of the persons empowered to represent the company, valid for maximum 30 days – original documents;
  • The original fiscal invoice or notary authenticated xerox copy (as the case may be). The invoiced products or the provided services will be written in a legible manner, and all the data and the rubrics in the invoice will be filled in. The identification data of the invoiced product/products/services will be written explicitly, as well as the deadlines, manner of payment or invoice maturity;
  • Notice of expedition /reception of merchandise/services, signed and stamped by the receiving unit;
  • Commercial contracts signed by the company and its clients and related addenda – original documents;
  • Merchandise commissioning or take-over report – original document;
  • The approved financed amount will be sent by email/phone;
  • The forms sent by e-mail must be filled in;

    Stage III – Guarantees
  • blank bill payable to order and blank cheque;
  • bills payable to order/cheques issued by the assigned debtor and endorsed in favor of FINANCE ONE IFN S.A.;
  • 1st degree mortgage, as the case may be;