Trade Discount
Advance the amount of your collection rights from debtors, arising from the operations forming your business activity and the commercial credit not due which your company has with third parties.
Trade discount on magnetic media allows the elimination of paper in trade bills which are assigned to the bank for discounting, as the billing is carried out using IT means via our internet service 'A Online .
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Advantages
- Financing: This is the usual product for financing working capital.
- Liquidity: Receive the amount owing on sales in advance.
- Speed: The processing of the discount facility is handled swiftly and flexibly.
- Ease of use: Via Online, without having to travel, send us the file in ABA format and we will process it.
Apply now...-
Internet
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Visiting our branches
- Characteristics
- Rate applied for discount up to 90 days: 5,00%
- Rate applied for discount over 90 days: 5,50%
- Management fee: 1,20%
- Documentation
- Balance sheet and profit and loss account
- For non-BSA customers, bank statements of the last 6 months
And for those companies carrying out works for the public administration or para-public companies, BancSabadell d’Andorra assists them by advancing the amount of future revenue.
If you need more information, visit one of our branches or your personal agent.