Our services » Receivable Purchase Program
Receivable Purchase Program
Under the RPP we offer you a facility under which we will purchase certain receivables on third parties from your company. Your advantages are:
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transfer of the credit risk on the Debtors to ING Commercial Finance, leading to derecognizing of the Debtors on your balance sheet
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increased liquidity by shortening the collection period on receivables, leading to decreased (residual) finance needs
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initial payment up to 100% of the nominal value of the receivables
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legally and operationally simple credit structure with relatively low fixed program costs
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a more diversified credit structure decreasing the dependency on (syndicated) corporate lending
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