International factoring

Advance and ensure collection on your international sales

  • Collect your invoices in advance.
  • Keep liquidity without depending on payment dates.
  • It covers up to 100% of the insolvency risk.

The bank as an intermediary

  • Get advances instantly
    When you open a factoring line, the bank grants you an amount that you will have available to get advances on the invoices you issue. This way, you can collect without waiting for the due date.
  • BBVA manages your invoices
    We will take care of collecting your invoices. First we advance the amount, and on the agreed due date, we charge your customer.

Do business in complete security

  • Guaranteed payment
    Non-recourse factoring is the most common type of financing of this kind. Its main advantage is that it is the bank that assumes the insolvency risk. Your company lowers its risk because if your customer declares bankruptcy, you get paid just the same. 

How does it work?

  • 1. Application and study
    You request a factoring line and the bank performs a study. With the "non-recourse" option, we also analyze the solvency of your customers and set a maximum amount you can collect in advance for each of them.
  • 2. Signature and opening
    Once issued, the contract is signed before a notary. From then on, you will be able to collect invoices early as per the terms of the contract.
  • 3. Use
    One of your international customers is going to pay you an invoice in 90 days. To avoid this delay, use the Factoring line: the bank pays you the amount without waiting, and after 90 days, it will collect payment from your customer.

The price is customized

  • An adviser will analyze your case

    Once we receive the company's details, we will offer you a personalized price. 

    In general, the main cost of factoring is the assignment fee, a percentage of the invoice you get paid in advance (it is charged to insure and manage the collection of the invoice).

The bank's analysis will let you know the financial situation of your customers.

A personal adviser at your side

  • Specialists to answer your questions
    Our team of specialists in trade finance will make your international transactions easier. Your adviser will help whenever you have questions on financing imports.
    Count on our experience

    You will have a specialized personal adviser at your disposal. You can rely on your adviser to answer questions about your international activity and thus minimize any potential risks.

    • No added cost.
    • Get the information when you need it.
     

Are you interested?

You can apply for the factoring service at any of our branches. From here you can send in a form to have us contact you.

Some questions that may come up

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Why BBVA?

  • We work to ensure that borders don't hinder your business.
  • We believe in a way of banking that focuses on people: bancaresponsable.com.
International factoring