Non-bank credits are financing provided to businesses by non-bank financial institutions. Non-bank credits are not based on bank limits, so it enables businesses to increase, diversify and improve their funding financial resources.
Non-bank credit services include:
- recruiting credit provided by insurance companies, institutional investment companies and credit card companies;
- reviewing state-guaranteed financing funds aimed to encourage and assist business and entrepreneurs with their investments and working capital;
- factoring – converting business credit transactions into cash transactions (purchasing open debt balances for cash payment at a rate of approx. 80% of the total debt balance with the interest rate payment being deducting from the remaining payment on the actual payment date); and,
- offering Sale and Leaseback transactions.
inbiz specializes in reviewing and recruiting non-bank credit services tailored to business needs.