Financing

By using the factoring services provided by Nordea Finance, companies can borrow up to 80 % of their outstanding sales invoices. Nordea Finance will also handle the management and collection of the invoices on behalf of the company.

The prices are based on the turnover, volume of invoices and number of customers. They include interest charged on advanced funds and service for handling the management and collection of the invoices. For further information please contact your customer advisor in Nordea or Nordea Finance.

Leasing provided by Nordea Finansce is an off-balance sheet method of financing a company's assets without utilizing its capital or other lending sources. Leasing means that Nordea Finance purchases the assets as specified by the company and leases it to the company against a monthly fee. The company is responsible for negotiating any discount and any residual value with suppliers.

The monthly leasing price to be agreed with the individual company and is based on factors such as the nominal interest rate, invested amount, residual value and term. For further information please contact your customer advisor in Nordea or Nordea Finance.

_{*For leasing: all fees subject to VAT}

These are the main fees for export documentary credit
_{*TFG (Trade Finance Global)} 

These are the main fees for import documentary credit

Direct costs such as SWIFT, courier/stamp and foreign bank charges will come in addition. Extra handling charges will be applicable for cases with extra handling/drafting time needed.