ACCOUNTS PAYABLE FINANCING AND MANAGEMENT

A Canadian leader in payables financing services, National Bank has supported financially sound businesses with rapidly growing international and domestic sales for a number of years.  Our specialists have customizable solutions that will improve the management of your accounts payable.

Get more credit by financing your payables

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.

Some Advantages

• Financing up to 100% of invoice value
• Take advantage of prompt-payment discounts from your suppliers
• Get longer payment terms from your suppliers

One solution for a variety of needs

• Use prompt payment discounts offered by your suppliers without affecting your liquidities
• Credit limit attained with certain suppliers
• Reduce your cash gap by obtaining longer payment terms

Three Options

Option 1 - Term note financing (Supplier Payment Program)

This program can be used to finance Canadian and foreign accounts-payable.

• Your supplier can be paid anywhere in the world within 24 to 48 hours.
• Fast and convenient procedures.
• No agreement required between National Bank and your supplier.

Option 2 - Financing accounts payable through Factors Chain International (FCI)  

This option can be used to finance foreign accounts-payable.

Through our affiliation with the FCI network which counts 222 financial institutions in over 60 countries, we offer a program that is unique on the market.

• The supplier is paid directly by an FCI member in their home country.
• The FCI member is guaranteed full payment by National Bank.
• Increase your purchasing power with your foreign suppliers.

Option 3 - Financing accounts-payable with Canadian suppliers

This option can be used to finance Canadian accounts-payable.

• Program cost can be transferred to suppliers.
• For an additional fee, suppliers have can get immediate payment from National Bank.

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