Fast access to funds
Working capital arrives before the buyer settles the contract.
Factoring
Close cash gaps and put money back to work sooner. Choose the type of factoring that fits your domestic deliveries or your foreign trade contracts.
up to 10 bn Limit for local factoring
up to 180 days Maximum financing term
2 types Local and export factoring
About the product
What is factoring?
Factoring helps you obtain working capital quickly against the assignment of claims on receivables. You hand the bank the right to collect payment for goods already delivered or services already rendered, and receive financing upfront.
Steady cash flow
Reduce cash gaps and keep up regular payments, purchases and production.
For domestic and foreign markets
The financing suits both domestic deliveries and export contracts.
Against real deliveries
The product is designed for sale contracts with commercial legal entities.
Process
How it works
If your buyer pays for a delivery later, BRB can finance the receivable right now. This matters most to exporters and suppliers who need to put money back to work quickly.
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1
You are a supplier or an exporter
You ship goods or render a service, and the buyer — at home or abroad — pays later.
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2
Payment is due later
Under the contract the money is due in, say, 90–180 days, but you need the funds now.
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3
The bank finances the delivery upfront
BRB pays you against the assignment of claims and then collects from the buyer when payment falls due.
Directions
Choose a factoring product
Pick a direction — domestic deliveries or export — compare the terms and open the product you need.
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Domestic and export contracts UZS USD EUR
Universal factoring
Purchase of receivables for goods delivered, services rendered or work completed — under domestic and export contracts.
DetailsAmount up to UZS 10 bnTerm up to 180 daysDiscount 1.5–15% -
Agricultural exports UZS USD EUR
Agro-export factoring
Financing of receivables or payables for exporters of food and fruit and vegetable products.
DetailsAmount up to USD 3.5 mTerm up to 180 daysDiscount from 0.9% -
Recurring export deliveries UZS USD EUR
Regular export factoring
Purchase of receivables under export contracts for medium and corporate business entities.
DetailsAmount up to USD 2 mTerm up to 120 daysDiscount from 1% -
Export letter of credit USD EUR
Export LC discounting
Early payment of exports under a letter of credit — the bank transfers the contract balance less the discount.
DetailsAmount Contract balanceTerm up to 180 daysDiscount from 2.5%
No products found for the selected direction.
Final terms depend on the contract, the deferral period and the type of collateral.
Terms
Key reference points for the product
Factoring is provided under sale contracts with commercial legal entities and requires a set of documents confirming the shipment.
Financing is provided under a sale contract.
The product is not provided to budget-funded organisations.
And other supporting documents depending on the deal.
Factoring with recourse: if the buyer fails to pay within the agreed period, the supplier must settle the obligations with the bank under the terms of the contract.
When it may not fit
What to consider in advance
Situations in which factoring may be unavailable or impractical.
Restrictions in the contract
The terms of the deal itself may rule factoring out.
- The contract allows the goods to be returned.
- Payment is made in stages or against an advance.
- The full set of export documents has not been provided.
Risk profile of the company and the counterparty
The bank assesses both the supplier and the payer.
- The receivable is too large relative to annual income.
- The company is loss-making or has arrears on existing loans.
- The payer, its bank or the recipients of the goods are linked to offshore, sanctioned or FATF-risk jurisdictions.
FAQ
Frequently asked questions about factoring
Didn't find an answer? Call 1254 free of charge — operators are available 24/7.
I shipped goods to a client, but they will only pay in 90 days. Can factoring solve this?
Yes. If you hold a receivable with deferred payment, BRB can provide financing right away. That keeps production running and operating costs covered on time.
My buyer is a European company and I ship in monthly batches. Can I use factoring on a regular basis?
Yes. Once the master agreement is in place, individual factoring contracts can be arranged for each separate batch.
What happens if the buyer does not pay for the delivery?
The product is provided with recourse. That means if the buyer fails to pay, the supplier carries the obligations to the bank under the factoring contract.
Can I get factoring under a contract with a state organisation?
No. Factoring does not apply to budget-funded organisations and is available only under sale contracts with commercial legal entities.
When might factoring be unavailable or impractical?
If the contract allows the goods to be returned; if payment is made in stages or against an advance; if the company is loss-making or has loan arrears; if the counterparty or its bank is linked to offshore, sanctioned or FATF-risk jurisdictions.
Can I get factoring if the goods have shipped but the paperwork is not ready?
No. Financing requires the complete set of documents confirming the shipment, including the contract, invoice, CMR and other papers depending on the deal.
Factoring
Find the right factoring solution
Leave your contacts and BRB specialists will get in touch to clarify the contract details, delivery volume and deferral period, and to pick a suitable factoring programme.
- Calculation for your specific delivery
- Terms known upfront
- Support at every stage