QNB

Clients Eligible for Factoring

Provides funding based on the credit quality of your invoices that are very likely to be

Clients Eligible for factoring:

 

QNB Factoring has fairly simple requirements to qualify for invoice factoring. 

  • You must operate a business.

Factoring can provide financing to businesses only formalized through a corporate legal structure

  • Your business must have commercial clients.

QNB Factoring can buy your invoices only if your clients are commercial entities.

  • Your client’s commercial credit must be good.

The most important benefit of factoring is that it provides funding based on the credit quality of your invoices that are very likely to be paid on their due date.

  • Your invoices must be free of liens or encumbrances.

You can only finance invoices that have not been pledged as collateral to other institutions.

 
 
 
 

Was this information helpful?