Loans- Business loans are required for many and varied reasons. Starting with buying new equipment for the business, opening another branch, financing working capital and ending with taking advantage of a business opportunity or dealing with an emergency situation. We are looking at providing loans as part of a line of credit that will be placed in the interest of the business and will be part of a long-term relationship with the business owner and the financing body.

 

Factoring - invoice financing. As part of the service, the business owner issues an invoice to the customer for a service or product he provided. If the payment terms established between the business owner and the customer are deferred payment (current +), the business owner can send the invoice to the financing body and this will transfer the invoice amount to the business account immediately. Through an invoice financing service, the business owner can improve the cash flow of the business.

 

Equipment/vehicle financing - Equipment/vehicle financing serviceAllows a business owner to purchase equipment to increase his production and sales force.

The purchase of equipment requires significant sums of money that in most cases are not in the cash flow of the business or in the bank obligation. The financing will be provided against the lien of the equipment/vehicles.

 

currency exchange

Foreign exchange services and foreign currency transfers to and from abroad. Today, most of the conversion activity is done in the banking system where the bank benefits from high fees and exchange rate differences. We will perform currency exchange at competitive prices.

 

Receipt of checks (MMD - deferred relay)- Check discounting service means turning a bounced check into cash. Many businesses suffer from cash flow problems, as a result of receiving delayed payments from their customers (current +), among other things through receiving delayed relays. By discounting deferred relays, the business owner can improve the cash flow of the business.

 

Discounting credit card vouchers

In a situation where the business made transactions in installments and provided the goods and/or services, it had to wait to receive the money from the clearing company, which is waiting to receive the money from the issuing company in accordance with the payment schedule. We will help it advance the flow of transactions in installments.

 

Buy now and pay later - an alternative to standard credit discount

Businesses that sell products and/or services in high amounts (over NIS 5000) can today offer their customers to make immediate use of digital platforms (BNPL*) that provide customers with an instant loan with a high spread, including the option to fully/partially subsidize the interest payments in a way that does not take up a limit on the credit card (Different from a normal credit card payment transaction).

 

BUY NOW PAY LATER*