SERVICES

Public Entities’ suppliers

We are leader in Europe in managing and purchasing public sector receivables.

Factoring like Products

FIDUCIARY FACTORING

It allows to obtain financing based on overdue and undue invoices towards the healthcare sector.

Main features: 

  • Fiduciary factoring is compliant with the Act on medical activity
  • It takes over the risk of recovering receivables from the Hospital
  • The Proxy monitors, collects and manages all receivables under agreement
  • The Proxy will negotiate and conclude agreements with debtors on instalment payments

 

SUB-PARTICIPATION

It allows to obtain financing based on overdue and undue invoices towards the healthcare sector.

Main features:

  • It is compliant with the Act on medical activity, where ban on transfer on hospital invoices were introduced
  • Investments Funds create dedicated fund 
  • BFF is the sole investor
  • After signature, the Fund provides funding. The client remains the owner of the receivables but undertakes to provide to the Fund

 

SILENT FACTORING

With silent factoring, the debtor is not informed about the transfer of receivables (if there are no restrictions on the transfer itself) and the risk stays on the creditor. It applies to overdue and/or undue receivables.

 

CONSORTIUM

It allows to obtain financing based on a contract for the association of two business entities providing performance contract with long-term repayment schedule. 

Main features: 

  • BFF enters the public procurement as a financial partner for clients who supply the Local Governments
  • Ban of transfer of receivables is not applicable

 

GUARANTEE

It allows to obtain a legal instrument warranting debtors liabilities based on issuance of guarantee. The issuer guarantees that he will pay to client if the debtor fails to pay a due receivable.

Main features: 

  • Irrevocable and issued for definite and agreed time period
  • Client asks the guarantor to pay instead of debtor
  • Once guarantor paid instead of debtor, his position changes and it acquires all the rights of the client