From invoice to cash

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1 From invoice to cash

2 C R OAT I A FAC T O R I N G L t d. specializes in factoring and financial services. The company is owned and managed by successful Croatian businessmen and financial managers. It is a well known fact that delivering an invoice is only a beginning of collection of claims, the hardest segment of business dealing. Our services will help you collect faster! CROATIA FACTORING Ltd. assists you with: mfinancing/prepayment for factoring up to 90% and 100% discount on bills of exchange minsurance of your claims - 100% mprofessional management of your claims

3 Who we provide our services to: mcompanies whose short-term claims are not assigned to a bank or a third party mcompanies with loans for purchasing machines, equipment and land, or if bank is one of the parties financing their lease, or planning a major investment mcompanies which are denied a new short-term loan based on analysis of their cash flow mcompanies denied a loan, although able to insure a loan with quality, open short-term investments mcompanies interested in maintaining a successful price policy with customers mcompanies coming out on dynamic world market, among new competition; our company will provide them free information on creditworthiness of a buyer mcompanies which made their factoring service more simple, more professional, faster and with lower expenditure so they outsource Factoring is an organic system specialized in long-term servicing of short-term claims. It exchanges your commercial loan for short-term financial loan and minstead of checking the creditworthiness and borrowing ability of your buyers, we investigate their business dealings and report to you frequently msaves time your company would spend on collection of claims menables you to focus on development of your company by monitoring the suppliers' market, customers' market and technological innovations menables betterment of your commercial status and

4 helps you avoid prepayment; enables you to keep up with conditions of forbearance and pricing for new market products offered by your competitors mmakes your company commercially attractive, enables you to offer forbearance period of 30, 60, 90, 120, 150 and180 days. menables discount for suppliers prices, reduces expenses of credit activities and credit policy, improves creditworthiness of buyers, suppliers and credit institutions and finally, but not less important: saves money, staff and material expenses for monitoring, accounting and collection of your claims Drawing from rich tradition and history of Croatian currency, we gave the following names to our products: FRIZATIK FACTORING discount of invoices with or without recourse We chose the name of first Croatian currency for our ser vice discount of invoices, the simple/primary form of factoring. We settle the factoring with your debtors that we know well. BANOVEC FACTORING discount of bills with or without recourse Discount of bills, the simple form of factoring was named after the first sovereign Croatian currency introduced during the governor Herceg. We base our services of factoring on long commercial tradition of Dubrovačka Republic and named it after the currency used at that time.

5 ARTILUK FACTORING only financing and claim management This service was designed for the cases when you have no interest to insure the claim, and we have no interest to insure the collection of assigned claims. ŠKUDA FACTORING insurance and claim management This service is designed for situations when you do not require financing or giving credit to your buyers but insure the collection of your claims and assign it to us completely. LIBERTINA FACTORING self-management of claims This service is designed for situations when you have a large number of buyers and foresee the increase of expenses of dunning and debt collection and would like to have somebody else take care of it. Zrinski was a great Croatian army leader, politician and economist, which is testified by the currency created during his rule. GROŠ FACTORING domestic factoring - with or without recourse Does it sound impossible!? We proved that discipline of fast payment exists in Croatia and we shook the official statistics on average duration of collection of claims. Therefore, use our assistance to improve your business dealings on domestic market! TALIR FACTORING import/export factoring - with or without recourse Importers and exporters search for the best solution to unite finances and insurance. Why not use factoring as quality alternative to bank guarantees and letters of credit?

6 First Croatian paper currency motivated us to offer service of mandate factoring for the first time on Croatian market. PAŠKI ASIGNAT FACTORING - mandate factoring assigning liabilities, suppliers' factoring with recourse When you decide to trust us with handling your current payments of claims and liabilities you give us a mandate. Ban Josip Jelačić a successful army leader, politician and as an active promoter of Croatia in Europe, inspired us to name the following products. KRIŽAR FACTORING factoring MATURITY - with or without recourse Our company makes sure you will have your claims collected, as you stated on the invoice, on 30th or 45th day. KUNA FACTORING- complete service of factoring financing, insurance and management of claims Get all services in one place; financing, insurance, and claim management. Prices of our services are composed of three elements: mprovision for factoring mannual interest from 0,5 to 2% of successful claims from 7 to 11% of amount financed mexpenses of claim management from 10 to 250 HRK per invoice

7 Documentation for factoring: mfilled QUESTIONNAIRE mbalance mprofit AND LOSS ACCOUNT maudit REPORT if possible Components of the factoring offer: mname of buyer myearly volume of trade mterm of payment minsurance limit Financing limit mfactoring provision myearly interest mmanagement expenses mdate of assumption of the assigned claims Required documentation for conclusion of contracts: mphotocopy of excerpt from the court register mphotocopy of bank contract for your company s transaction account mphotocopy of signature card mphotocopy of ID of responsible person TYPES OF CONTRACT: mfactoring contract revolving contract with annexes for each further assignment mcontract on assumption of liabilities, mcontract on discount of invoices mcontract on discount of bills mmandate factoring revolving contract with annexes for any further mandate

8 CROATIA FACTORING d.o.o. Bogovićeva 1b/II Zagreb Tel: , , , Fax:

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