Factoring Types

Exchange rates

as of 09/01/2025 12:34:28

Cash payment

Non-cash payment

Selling rate

1.96100

1.96000

Buying rate

1.94800

1.94900

BNB fixing

1.95583

Cash payment

Non-cash payment

Selling rate

1.93800

1.93500

Buying rate

1.85400

1.85600

BNB fixing

1.89794

Cash payment

Non-cash payment

Selling rate

2.39900

2.39400

Buying rate

2.27400

2.27800

BNB fixing

2.33370

Cash payment

Non-cash payment

Selling rate

2.12400

2.12200

Buying rate

2.03000

2.03200

BNB fixing

2.08133

Advantages

Factoring is a tool for receiving working capital funds, solely based on invoices and documents for executed delivery of goods/services, with no additional collateral.

Recourse Factoring Advantages

The client could recieve working capital funds for its current business needs, based on born receivables, evidenced with an invoices and documents for executed delivery of goods/services, with no additional collateral.
Option for a trade on deferred payment terms basis
Collection and administration of the accounts receivables
Opportunity to use available funds up to a certain limit without establishing additional collateral
Price comparable with the conventional working capital debt finance
Facilitating the improvement of buyers’ payment behaviour
Funding opportunity abiding by the particular commercial transacting (Seller/Buyer).

Non-recourse Factoring Advantages

Coverage of the risk, associated with non-payment by trade counterparties A
Accounting effect, optimizing the Supplier’s financial ratios via write-off of assigned to the Factor accounts receivable upon recieved advanced payments.

Parameters

Purpose	Limit for advancing/financing and coverage against credit risk
Currency	BGN/EUR/USD/GBP
Minimum amount	BGN 400 000 / EUR 200 000
Maximum amount	No restriction
Utilization/Availability Period	12 (twelve) months with an option for multiple revolving
Interest	Floating annual interest rate, consisting of the Reference Interest Rate (basis) and a fixed margin
Factoring commission	Fixed percentage, calculated and collected from each assigned invoice (non-recourse factoring) or each advanced invoice (recourse factoring)
Other fees	According to the UBB AD Tariff
Collateral	None
Additional Information	Establishment (without funds freezing) of pledge of receivables under accounts of the client, maintained with UBB AD according to the Financial Collateral Arrangements Act (FCAA) or Special Pledges Act.

Documents

Factoring request
Declaration on related parties
Declaration on credit indebtedness
Table of potential payers

Print list

Choose segment

For companies with annual turnover up to 2 mln BGN

For companies with annual turnover above 1 mln BGN

For agri producters

For freelancers with annual turnover below 1 mln BGN

Number of employees:

Region:

Activity sector:

Contact us

Offices and ATMs

Online/Mobile

Fees and terms

Exchange rates

Advantages

Parameters

Documents

Contact us

Offices and ATMs

Online/Mobile

Fees and terms

Exchange rates

Factoring Types

Advantages

Parameters

Documents

UBB Video Banker - live video meeting for business clients

UBB Video Banker gives you the opportunity to make audio and video contact, share and discuss documents and screens, whether you use a smartphone, tablet, laptop or desktop computer.