Factoring and Confirming

Factoring  

Intesa Sanpaolo is the leader in the Italian factoring market and one of the leading international players in the management and enhancement of trade receivables¹.

A comprehensive range of services, flexible solutions and a high level of specialisation

enable us to identify suitable tools to support business growth and working capital management.

Main services:

• Management of receivables: through monitoring, dunning and collection activities
• Advance payment of trade receivables to support corporate liquidity
• Advance payment of VAT receivables, to convert tax credits into liquidity and support the company’s financial needs;
• Assumption of the risk of non-payment of assigned receivables in accordance with the contractually agreed terms (non-recourse factoring) 
• Certainty of the receivables collection date (Maturity) to enable better financial planning

Support for the production chain and optimisation of working capital through Indirect Factoring transactions and Supply Chain Finance solutions, including Confirming  programmes

Benefits for the company

Intesa Sanpaolo's factoring solutions enable you to:

• promote the development of business relationships with customers and suppliers, including in international markets;
• support the optimisation of the company's financial structure;
• access sources of funding that complement traditional credit;
• mitigate the risk associated with non-payment of trade receivables;
• simplify the management of trade receivables through dedicated services;
• optimise the management of liquidity and working capital

Intesa Sanpaolo has also developed specialised solutions and operating structures dedicated to specific sectors, including tourism, transport, public health and fuel distribution, including through factoring operations tailored to the characteristics of individual supply chains.

_{1 Source Assifact (www.assifact.it)}

Confirming   

Confirming is Intesa Sanpaolo’s Supply Chain Finance solution that leverages the creditworthiness of the lead company (buyer) to support the entire supply chain, improving its financial efficiency and competitiveness.

The benefits of Confirming

For the buyer:

• optimisation of working capital management;
• streamlining of payment processes and management of supplier relations;
• support for the financial management of the supply chain.

For suppliers:

• the option to assign receivables due from the buyer on a non-recourse basis;
• the possibility of obtaining early liquidity in accordance with the conditions set out in the programme;
• greater predictability of cash flows.

The operational management of cash flows takes place via the Inbiz portal, using the Working Capital Management module, which supports the digital management of the main operational processes.

An open and innovative ecosystem

Intesa Sanpaolo’s Confirming also offers:

• a dedicated specialist team
•  the possibility of entering into contracts with both Italian and international buyers and suppliers
• access to an ecosystem of fintech partners selected by Intesa Sanpaolo, aimed at supporting the digitalisation of business processes and the management of working capital.  The identification of solutions of interest and their subsequent analysis are carried out with the support of the relationship manager and the Bank's specialists¹
• simplification of operational processes, greater flexibility in working capital management and access to financing solutions to support the entire supply chain.

Thanks to the combination of specialist expertise, technological innovation and banking solidity, Confirming is a solution for optimising working capital and supporting the growth of the entire business ecosystem.

_{1 Any solutions adopted are provided by the respective third-party partners according to the terms and conditions they have set.}

ADVERTISING MESSAGE FOR PROMOTIONAL PURPOSES
For the contractual terms and conditions of the products and services mentioned, read the Information Sheets available at the Branches and on the bank’s website www.intesasanpaolo.com.The sale of products and services and the granting of loans are subject to assessment and approval by the bank.