ICD supports the import "Beluga Group"

The Moscow Credit Bank (ICD) entered into an agreement on factoring with a foreign producer of alcoholic beverages exporting it to Russia. As part of the transaction, the Russian buyer "Beluga Group" received a deferred payment, and the imported supplier is financing for the period of deferred without a collateral.

“The implementation of the transaction became for the ISB of the Sign’s ICB,” said Natalya Bakhova, head of the sales department of documentary and international business ICB businesses. “During the execution of the transaction, the individual interests of the supplier and the buyer under the contract were taken into account. The result is fully consistent with the interests of the parties: the supplier received funding without pledge and protection from the risk of non -payment of the buyer, and the buyer is the required period for the subsequent production and implementation of the subsequent production and implementation of the subsequent production and implementation of the subsequent production and implementation own products ".

Maintenance and financing of companies conducting foreign economic activity is one of the strategic areas of the ICD. Companies turn to the bank not only for financing, but also for a full range of services related to contract service: approval of payment conditions, the provision of currency control and conversion services. International factoring is one of the most popular products of the ICD, as it combines a number of unique advantages for the supplier: financing without collateral and reflecting loan debt in the balance sheet reporting, accelerating the turnover of receivables, protection against the risk of buyer insanity, and the absence of the need to provide the bank in patching. The buyer, in turn, receives a delay necessary for the further sale of products, and does not attract credit funds.