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Does your company often deal with bills of exchange?
Then you should think about a discount credit. In a discount credit, we provide credit by buying bills of exchange. We pay you the proceeds of the bill less a discount before it matures.
Discounting offers attractive benefits for all companies regularly working with bills of exchange:
- Lower costs than an overdraft facility
- Immediate provision of liquid funds by selling a receivable due at a later date
Requirements: Credit check
For further information, please contact the staff in our branches. They would be happy to help you.