Non-recourse Factoring

Sales receivables off the balance sheet

Non-recourse Factoring means that Nordea Finance buys all or part of your company’s sales receivables within an agreed limit. The arrangement does not increase the company’s debt because the price paid for the receivables will be recognised as the company’s cash assets.

How does your business benefit from Non-recourse Factoring?

• Smaller working capital
• Does not increase debt - we pay you a price for the receivables which can be recognised as cash
• If the freed up capital is used for amortising debt, your balance sheet will be reduced and the key figures will improve
• Liquidity management is easier, as the money will be available already on the next day
• A fully electronic process streamlines the administration and reduces manual labour