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Download the BBVA app
You can do it all on your mobile, or try some features if you are not a customer.
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Download the BBVA app
Download the BBVA app
You can do it all on your mobile, or try some features if you are not a customer.
Download
Download the BBVA app
Download the BBVA app
You can do it all on your mobile, or try some features if you are not a customer.
Download
Download the BBVA app
Download the BBVA app
You can do it all on your mobile, or try some features if you are not a customer.
Download
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      Reverse factoring payment

      Finance payments or collect on invoices early.

      • It lets customers finance payments and collect early on their invoices.
      • It can also help you spend less time on administrative tasks.
      Apply

      The 2 sides of reverse factoring

      • Advantages for customers that use reverse factoring
        Through reverse factoring, BBVA can pay your supplier on the agreed date, or offer to pay it in advance. Plus, if you need it, when that date arrives, you can defer the payment (BBVA will pay the bill and defer your payment).
      • Advantages for suppliers
        If you are a supplier and you want to get paid without having to wait 60 or 90 days, you can do this through your client's reverse factoring. How is it done? BBVA will pay it in advance, minus an amount for fees and interest

      This example will make it clear

      • An electric car company opens a reverse factoring facility. In February, it buys parts from two different suppliers and agrees to pay both invoices within 90 days.

        One of the parts manufacturing companies prefers not to wait, so through the reverse factoring of the electric car company, it gets paid early in exchange for an amount that includes fees and interest. 

        The other manufacturing company decides to wait 90 days. The payment comes due and the electric car company decides to defer the payment, meaning BBVA pays the manufacturer and defers that payment for the electric car company.

         

         
      Online banking speeds up the work of both parties involved: help managing payments and advances.

      How it works

      • Reverse factoring offers possibilities for the customer who contracts the service and its suppliers; it has 2 sides, so to speak. This is a summary of how it works:

        • A company opens a reverse factoring facility for a given amount.
        • This company uses it to manage payments and to defer them if needed.
        • This company's suppliers can get their invoices paid early through this reverse factoring facility (after accepting the terms and conditions of a contract).

        The different uses of reverse factoring provide liquidity at key times.

      Are you interested in requesting a reverse factoring facility?

      From here you can send a form to have us call you to explain the details and, if you are interested and it's viable, open a reverse factoring facility.

      Apply

      Would you like more information?

      BBVA allows, by means of reverse factoring payment, payment to the supplier on a date agreed between both parties or, also, it allows you to offer payment in advance, which is usually made within 24-48 hours (from the request). In addition, BBVA offers the company the possibility that, once the agreed date has arrived, the company will make the payment to the supplier and the payment will be deferred to another date, which also agreed upon.

      In both cases, BBVA will charge the rates and interest that have been agreed in the Reverse factoring agreement.

      The promissory note is a credit instrument through which the issuer agrees to pay an amount of money to the payee before the due date of the same.

      Reverse factoring, for its part, makes it possible to advance the payment of one or more invoices, without having to wait for the due date to obtain the money.

      Yes. Plus, the reverse factoring service can be used to make payments in all the leading currencies.

      If the supplier's invoices are paid early, they will receive a transfer to the account provided. If it decides to wait until each invoice is due, via transfer (if we have the account) or check.

      To make sure the payment is made on time, a payment order has to be created at least 3 working days before it is due. For example, if you have a bill dated March 6, you will have to let us know by the 3rd at the latest.

      Once reverse factoring is activated, suppliers will be able to collect on their invoices early. If they have an account at BBVA, they can do it directly through Online Business Banking, and if they don't, they can use the Net Advance digital tool.
      Do you want to get an invoice paid early?
      Find out if your customer has a reverse factoring facility and, if so, request payment in advance through its reverse factoring. If not, you have other options, such as factoring, for example.
      More information on factoring

      Be a BBVA customer.

      • At BBVA, we want to help you grow your business by offering the financing you need.
      • We are working to make your life a little easier with our digital solutions.
      • Our approach is based on transparency, clarity and responsibility.
      Reverse Factoring
      Apply
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      1. Financing
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