The purpose of the post-financing constructions granted by UniCredit Bank is to provide the necessary financing source for the Hungarian exporters’ foreign buyers or their banks in order to purchase the goods and services delivered by the Hungarian exporter.
As a result of post-financing the exporter can significantly reduce the payment risk of its foreign partner and can expand its foreign market opportunities.
Buyer’s credit
In the frame of buyer’s credit UniCredit Bank provides financing to the Hungarian exporter’s foreign buyer or its bank wherethrough the counter-value of the export is paid directly to the Hungarian exporter.
Purchase of receivables deriving from supplier’s credit
In the frame of this special post-finance product, the exporter in the frame of commercial contract provides a financing in the form of deferred payment – tipically with a term of more than one year – for the foreign buyer of the exported goods and services. UniCredit Bank purchases the receivables towards the importer deriving from the commercial contract with or without recourse. As a result of this the exporter can receive promptly the counter-value of its fulfillment.