We take over the management of your entire sales ledger and let you concentrate on your business.
With our factoring service, you have immediate access up to 90% of the funds your customers owe you with the added advantage of benefiting from our expertise in credit management and debt collection through access to the Eurivex Agora online platform.
APPLY FOR AN ACCOUNT WITH EURIVEX
complete our online application form and we'll contact you to establish the relationship.
Provide your Corporate documents, ID/Passport copies of your directors/shareholders, Proof of address of your directors, VAT number;
Sign the trade finance agreement which describes the terms and conditions as well as fees and charges.
ACCOUNTS & STATEMENTS
Provide the most recent audited financial statements and your latest management accounts, and debtors ageing analysis;
Once your application is accepted, you will inform your debtors that invoices have been assigned to Eurivex and in future they will need to settle them directly with Eurivex;
INVOICE & COLLECT
After the setup is complete, you can present invoices to Eurivex and withdraw funds immediately, up to 90% of the invoice value.
PEACE OF MIND
We will then chase the customer for payment, and you will be able to follow the whole arrangement online via the Eurivex Agora online platform.
You will know in advance the level of our fees and charges. No hidden fees, no surprises.
You will pay
- Administration fee on value of all invoices;
- Discount fee on the funds you use.
You can use the Eurivex Confidential Invoice Discounting service, provided you:
1) Are a limited company properly incorporated in Cyprus and you can provide a good standing certificate from the Registrar of Companies;
2) Have prepared audited financial statements and are able to provide regular management accounts.
3) Debtors ageing analysis.