Digital Banking

Trade Services

Factoring

Liquidity for your accounts receivables

Description

Monex offers different factoring modalities to provide liquidity to your business, by discounting your portfolio with or without recourse or enabling your suppliers to offer you credit by discounting your accounts receivables in a simple and certain manner.

You or your supplier obtain the amount of the invoice in advance, generally with a discount.

Our factoring offers financing, credit protection, collection and reconciliation among other attributes that makes our service entirely complete and reliable.

The bank offers factoring with or without recourse and also factoring to pay suppliers.

Characteristics
  • Monex offers different factoring programs according to your specific needs:
    • Discounting your accounts receivables without recourse (your business transfers all credit risk to Monex and obtains liquidity)
    • Discounting your accounts receivables with recourse (your business only seeks liquidity)
    • Enabling your suppliers to sell you goods on credit through a factoring payment to suppliers (inverse factoring).
  • We offer the option of automated factoring, which simplifies and expedites the process for our client and for its counterparties.
  • Factoring is a strategic product for Monex, therefore we strive to make a difference in the market with our product.

THE SUPPORT YOU WERE LOOKING FOR

SIGN UP NOW

REQUISITES

1

Contact your account Executive

2

Provide the financial and legal information needed to undergo an assessment

3

Sign-up and compliance of credit

SEE REQUISITES IN DETAIL