ACCOUNTS PAYABLE FINANCING AND MANAGEMENT
A Canadian leader in payable financing services, National Bank has supported financially sound businesses with rapidly growing international and domestic sales for a number of years. Thanks to the customized solutions our specialists propose, you’ll be able to effectively manage your accounts payable.
Payable financing : a way to obtain more credit
The financing of your accounts payable allows you to use them to obtain more credit. Your suppliers are paid by National Bank, as per your instructions.
A few advantages
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Financing of up to 100% of invoices
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Fully benefit from prompt payment discounts with your suppliers
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Obtain longer payment terms from your suppliers
One solutions for various needs
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Use prompt payment discounts offered by your suppliers without affecting your liquidities
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Credit limit attained with certain suppliers
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Reduce your cash gap by obtaining longer payment terms
Three options
Option 1 - Term note financing (Supplier payment program)
This financing program is intended for companies that want to finance Canadian or foreign accounts payable.
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Your supplier can be paid anywhere in the world within 24 to 48 hours
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Fast and convenient procedures
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No agreement required between National Bank and your supplier
Option 2 - Financing accounts payable with Factors Chain International (FCI)
This option is intended for companies that want to finance their foreign accounts payable.
Thanks to our affiliation with the FCI network, which includes 222 financial institutions in more than 60 countries, we offer a program that is unique in the market.
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The supplier is paid directly by an FCI member in their country
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The FCI member is guaranteed full payment by National Bank
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Increase your purchasing power with your foreign suppliers
Option 3 - Financing accounts payable with suppliers
This allows you to finance your Canadian accounts payable.
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