Questions from Customers
Back -
Firəngiz Əhmədova - Date: 1 December, 2021
-
9085
- Subject: Business
What is factoring? What are the terms of factoring product in Kapital Bank?
-
Kapital Bank - Date: 9 June, 2025
Factoring is a product that allows the bank to finance working capital in exchange for a concession to the bank of the right to demand money from individual entrepreneurs and buyers of legal entities. Factoring products allow you to quickly access the resources you need to grow your business without having to wait for the buyer`s payment.
The terms applied by Kapital Bank for factoring products are as follows.
- Financing amount up to 90% of the invoice
- Annual interest rates starting from 13%
- Financing term up to 90 days
- Unsecured (factoring collateral not required)
- 0.5 % commission percentage
Apply for a factoring product online first.
Birbank Star
With a credit line of up to 30,000 ₼, unlimited cash withdrawals and transfers, up to 30% cashback, and double VAT on QR payments, this is a simple and unique card with numerous benefits.
Birbank Cashback
This card offers you abundant bonuses, fast and easy payment options, free transfers, and cash withdrawals, as well as various other valuable benefits.
Birbank Umico
Umico bonuses and 2x VAT on payments . The choice of several bonus categories every month, 2x VAT refund on QR payments
Birbank Miles
A unique card that gives a bonus of 1 mile per 1 AZN for cashless payments with the card, free air travel, interest-free and commission-free installments.
Birbank Umico
It is a unique card jointly presented by Kapital Bank and Umico, designed for daily shopping, combining credit and installment card opportunities and the opportunity to earn additional Umico bonuses.
